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A stock has had returns of 18.1 percent, 28.1 percent, 13.2 percent, 9.2 percent, 33.9 percent, and 26.1 percent over the last six years. Required:
A stock has had returns of 18.1 percent, 28.1 percent, 13.2 percent, 9.2 percent, 33.9 percent, and 26.1 percent over the last six years.
Required: What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)
Arithmetic average return %
Geometric average return %
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