Question
A stock has had returns of 13 percent, 20 percent, 22 percent, 11 percent, 27 percent, and 5 percent over the last six years. What
| A stock has had returns of 13 percent, 20 percent, 22 percent, 11 percent, 27 percent, and 5 percent over the last six years. |
| What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Arithmetic return | % |
| Geometric return | % |
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Project Finance In Construction
Authors: Tony Merna, Yang Chu, Faisal F. Al-Thani
1st Edition
1444334778, 978-1444334777
