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Over the last six years the shares of company XYZ's stock had returns of 16 percent, 18 percent, 20 percent, 5 percent, 10 percent, and
Over the last six years the shares of company XYZ's stock had returns of 16 percent, 18 percent, 20 percent, 5 percent, 10 percent, and 2 percent. |
Required: | |
a. Calculate the arithmetic average return b. Calculate the geometric average return
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