Question
A stock has annual returns of 5.4 percent, 12.9 percent, -3.8 percent, and 9.9 percent for the past four years. The arithmetic average of these
A stock has annual returns of 5.4 percent, 12.9 percent, -3.8 percent, and 9.9 percent for the past four years. The arithmetic average of these returns is _____ percent while the geometric average return for the period is _____ percent.
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
