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(i) You are given the expected returns for XYZ Ltd in the table below: Year Expected returns 2020 15% 2021 -2% 2022 10% 2023 12%
(i) You are given the expected returns for XYZ Ltd in the table below:
| Year | Expected returns |
| 2020 | 15% |
| 2021 | -2% |
| 2022 | 10% |
| 2023 | 12% |
| 2024 | 16% |
| 2025 | 18% |
(a) Estimate the arithmetic and geometric means.
(b) Explain the difference between the two means
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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
