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Chapter 10 20. QA Arithmetic and Geometric Returns. A stock has had returns of 23 percent, 9 percent, 37 percent, 8 percent, 28 percent, and

Chapter 10

20. QA Arithmetic and Geometric Returns. A stock has had returns of 23 percent, 9 percent, 37 percent, 8 percent, 28 percent, and 19 percent over the last six years. What are the arithmetic and geometric returns for the stock?

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