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A stock has had returns of 12 percent, 19 percent, 21 percent, 21 percent, -12 percent, 26 percent, and -5 percent over the last six
A stock has had returns of 12 percent, 19 percent, 21 percent, 21 percent, -12 percent, 26 percent, and -5 percent over the last six years.
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places.)
a.) Arithmetic return?
b) Geometric return?
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