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Over the last six years the shares of company XYZ's stock had returns of 13 percent, 19 percent, 19 percent, 4 percent, 13 percent, and
Over the last six years the shares of company XYZ's stock had returns of 13 percent, 19 percent, 19 percent, 4 percent, 13 percent, and 4 percent. Required: (a) Calculate the arithmetic average return. (b)Calculate the geometric average return
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
