Question
A stock had returns of 18 percent, 11 percent, 14 percent, 5 percent, 15 percent, and -1 percent over the last six years. Required: (a)
A stock had returns of 18 percent, 11 percent, 14 percent, 5 percent, 15 percent, and -1 percent over the last six years. Required: (a) What is the arithmetic return for the stock? (b) What is the geometric return for the stock?
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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
