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Suppose that a stock gave a realized return of 20% per year over a two-year time period and a 10% return over the third year.The
Suppose that a stock gave a realized return of 20% per year over a two-year time period and a 10% return over the third year.The geometric average annual return is
A)9.70% B)11.20% C)14.96% D)16.55%
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Multinational Financial Management
Authors: Alan C. Shapiro
7th Edition
0471395307, 9780471395300
