Question
A stock has had returns of 45.50 percent, 29.50 percent, 40.50 percent, -17.50 percent, 27.50 percent, and -59.50 percent over the last six years.
A stock has had returns of 45.50 percent, 29.50 percent, 40.50 percent, -17.50 percent, 27.50 percent, and -59.50 percent over the last six years. What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Arithmetic average return Geometric average return.
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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