Question
A stock had returns of 19 percent, 13 percent, 10 percent, 17 percent, 20 percent, and -7 percent over the last six years. What is
A stock had returns of 19 percent, 13 percent, 10 percent, 17 percent, 20 percent, and -7 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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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
