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P12-15 Arithmetic and Geometric Returns [LO1] A stock had returns of 17 percent, 17 percent, 16 percent, 5 percent, 14 percent, and -10 percent over
P12-15 Arithmetic and Geometric Returns [LO1] A stock had returns of 17 percent, 17 percent, 16 percent, 5 percent, 14 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)
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