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Over the last six years the shares of company XYZ's stock had returns of 18 percent, 19 percent, 10 percent, 8 percent, 18 percent, and
Over the last six years the shares of company XYZ's stock had returns of 18 percent, 19 percent, 10 percent, 8 percent, 18 percent, and -7 percent. Required: (a)Calculate the arithmetic average return. (Click to select) (b)Calculate the geometric average return. (Click to select)
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