Question
Over the last six years the shares of company XYZ's stock had returns of 10 percent, 11 percent, 15 percent, 20 percent, 14 percent, and
Over the last six years the shares of company XYZ's stock had returns of 10 percent, 11 percent, 15 percent, 20 percent, 14 percent, and 14 percent.
Calculate the arithmetic average return.?
Calculate the geometric average return.?
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
