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Geometric average of a series of unequal holding period returns is __A__than their arithmetic average because _____B____ average is ____C____biased. A B C a. greater

Geometric average of a series of unequal holding period returns is __A__than their arithmetic average because _____B____ average is ____C____biased.

A B C a. greater geometric upwardly b. greater arithmetic downwardly c. lower geometric downwardly d. lower arithmetic upwardly

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