Question
A stock had returns of 18 percent, 17 percent, 11 percent, -10 percent, 15 percent, and -1 percent over the last six years. What is
A stock had returns of 18 percent, 17 percent, 11 percent, -10 percent, 15 percent, and -1 percent over the last six years. What is the arithmetic return for the stock? What is the geometric return for the stock?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
