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Please show how to solve the long way with the calculator, not with excel 12 A stock had returns of 20 percent, 13 percent, 15
Please show how to solve the long way with the calculator, not with excel
12 A stock had returns of 20 percent, 13 percent, 15 percent, 5 percent, 16 percent, and 14 percent over the last six years. What is the arithmetic return for the stock? 00:06:22 13.83% 13.93% 16.60% 14.03% 14.53% What is the geometric return for the stock? 13.74% 14.07% 16.71% 13.84% 13.54%Step by Step Solution
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