Question
A stock has had returns of 9 percent, 27 percent, 15 percent, 15 percent, 27 percent, and 6 percent over the last six years. What
| A stock has had returns of 9 percent, 27 percent, 15 percent, 15 percent, 27 percent, and 6 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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Victorian Literature And Finance
Authors: Francis O'Gorman
1st Edition
0199281920, 978-0199281923
