Question
DIS stock has returns of 15%, 16%, and 17% during each of the last three years. If one calculates their average return as 16%, what
DIS stock has returns of 15%, 16%, and 17% during each of the last three years. If one calculates their average return as 16%, what type of average was (most likely) calculated?
Group of answer choices
Geometric average
HPR
Arithmetic average
Expected return
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Handbook Of Asset And Liability Management Volume 2
Authors: S. A. Zenios, W. T. Ziemba
1st Edition
0444528024, 978-0444528025
