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The return pattern on your favorite stock has been 9%, 8%, -2%, 15%, -1%, 12%, 3%, and 21% over the last 8 years. What are
The return pattern on your favorite stock has been 9%, 8%, -2%, 15%, -1%, 12%, 3%, and 21% over the last 8 years. What are the stock's geometric average return and holding period return? How are these returns related?
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