Question
A stock has had returns of 13 percent, 31 percent, 18 percent, 19 percent, 31 percent, and 7 percent over the last six years. What
| A stock has had returns of 13 percent, 31 percent, 18 percent, 19 percent, 31 percent, and 7 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.) |
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
