Question
Stan invested in the Great Growth mutual fund 5 years ago. His returns were 60%, -20%, 10%, 0% and 25%, respectively. What was the
Stan invested in the Great Growth mutual fund 5 years ago. His returns were 60%, -20%, 10%, 0% and 25%, respectively. What was the geometric average return over the five years?
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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