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A stock had returns of 18 percent, 15 percent, 10 percent, 8 percent, 11 percent, and 17 percent over the last six years. (a) What
A stock had returns of 18 percent, 15 percent, 10 percent, 8 percent, 11 percent, and 17 percent over the last six years.
(a) What is the arithmetic return for the stock?
(b) What is the geometric return for the stock?
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