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Over the last six years the shares of company XYZ's stock had returns of 11 percent, 15 percent, 13 percent, -4 percent, 16 percent, and

Over the last six years the shares of company XYZ's stock had returns of 11 percent, 15 percent, 13 percent, -4 percent, 16 percent, and 17 percent.

Required:
(a) Calculate the arithmetic average return.
11.33%

(b) Calculate the geometric average return.

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