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For small-cap stocks, if arithmetic average was 17.7% and the standard deviation were reported to be 33.7%, what would be the approximate geometric average return
For small-cap stocks, if arithmetic average was 17.7% and the standard deviation were reported to be 33.7%, what would be the approximate geometric average return for these small-cap stocks?
Approximately 9%
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Approximately 12% | ||
Approximately 15% | ||
Approximately 17% | ||
Approximately 20% |
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