Question
Consider a $ 10 stock that increase by 20% after the first year, then declines by 30% in the second year. Then, the arithmetic mean
Consider a $ 10 stock that increase by 20% after the first year, then declines by 30% in the second year. Then, the arithmetic mean is ____ % while the geometric mean is _____ %. (Round to the nearest tenth.)
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Banking Secrecy And Global Finance
Authors: Donato Masciandaro, Olga Balakina
1st Edition
1137400099, 978-1137400093
