Question
Roddy Richards invested $12.015 in Wolverine Meat Distributors five years ago. The investment had yearly arithmetic returns of -9.5%, -8.1%, 15%, 7.2%, and 12.4%. What
Roddy Richards invested $12.015 in Wolverine Meat Distributors five years ago. The investment had yearly arithmetic returns of -9.5%, -8.1%, 15%, 7.2%, and 12.4%.
What is the geometric average return of Roddy Richard's investment?
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
