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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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
