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The compound or geometric average return is always a) GREATER than or EQUAL to the arithmetic average return. b) LESS than or EQUAL to the
The compound or geometric average return is always
a) GREATER than or EQUAL to the arithmetic average return.
b) LESS than or EQUAL to the arithmetic average return.
c) GREATER than the arithmetic average return.
d) LESS than the arithmetic average return.
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
