Question
a stock has returns of 21.77% (1 year ago), 4.49% ( 2 years ago), X ( 3 years ago), and -16.36% (4 years ago) in
a stock has returns of 21.77% (1 year ago), 4.49% ( 2 years ago), X ( 3 years ago), and "-16.36%" (4 years ago) in each of the past years, the geometric average annual return for the stock has 2.62%. what was the arithmetic average annual return for the stock over the past year?
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
