Question
A stock provides the following returns: Year 1 6% Year 2 10% Year 3 -5% What is the geometric average return? A stock provides the
A stock provides the following returns:
| Year 1 | 6% |
| Year 2 | 10% |
| Year 3 | -5% |
What is the geometric average return?
A stock provides the following returns:
| Year 1 | 6% |
| Year 2 | 10% |
| Year 3 | -5% |
What is the geometric average return?
Step by Step Solution
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To calculate the geometric average return we use the form...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
