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The returns on stock A over the past five years were 14.38 percent, 8.43 percent, 11.97 percent, 25.83 percent, and -9.17 percent, respectively. What are
The returns on stock A over the past five years were 14.38 percent, 8.43 percent, 11.97 percent, 25.83 percent, and -9.17 percent, respectively.
What are the arithmetic and geometric average returns for the stock?
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
