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Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 9 percent, 27 percent, 15 percent, 15 percent, 27 percent, and 6
Problem 12-15 Arithmetic and Geometric Returns [LO1]
A stock has had returns of 9 percent, 27 percent, 15 percent, 15 percent, 27 percent, and 6 percent over the last six years. |
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
Arithmetic return %
Geometric return %
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