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P12-15 Arithmetic and Geometric Returns [LO A stock had returns of 18 percent, 20 percent, 15 percent, 14 percent, 11 percent, and -10 percent over

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P12-15 Arithmetic and Geometric Returns [LO A stock had returns of 18 percent, 20 percent, 15 percent, 14 percent, 11 percent, and -10 percent over the last six years. Required: (a) What is the arithmetic return for the stock? (Click to select) (b) What is the geometric return for the stock? (Click to select) v

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