Question
Arithmetic and Geometric Returns (LO1, CFA1) A stock has had returns of 21 percent, 12 percent, 7 percent, -13 percent, -4 percent, and 26 percent
Arithmetic and Geometric Returns (LO1, CFA1) A stock has had returns of 21 percent, 12 percent, 7 percent, -13 percent, -4 percent, and 26 percent over the last six years. What are the arithmetic and geometric returns for the stock?
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue, Jonathan Fox
14th Edition
0357901495, 9780357901496
