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P12-15 Arithmetic and Geometric Returns (LO1] A stock had returns of 15 percent, 17 percent, 16 percent, 8 percent, 20 percent, and 5 percent over
P12-15 Arithmetic and Geometric Returns (LO1] A stock had returns of 15 percent, 17 percent, 16 percent, 8 percent, 20 percent, and 5 percent over the last six years. 25 points 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) (Click to select) 13.74% 16.26% 13.18% 13.48% 13.38%
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