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Over the last six years the shares of company XYZ's stock had returns of 18 percent, 18 percent, 12 percent, -4 percent, 15 percent, and
Over the last six years the shares of company XYZ's stock had returns of 18 percent, 18 percent, 12 percent, -4 percent, 15 percent, and -7 percent. 1. Calculate the arithmetic average return. 2. Calculate the geometric average return. |
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