Question
A stock had returns of 19 percent, 14 percent, 13 percent, -4 percent, 13 percent, and 2 percent over the last six years. Required: (a)
A stock had returns of 19 percent, 14 percent, 13 percent, -4 percent, 13 percent, and 2 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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Personal Finance Turning Money Into Wealth
Authors: Arthur Keown
8th Edition
0134730364, 978-0134730363
