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The stock with returns over the last 3 years of: +9.00%, -6.00%, and +12.00%(i.e. 0.09 ,-0.06, and 0.12).What are the arithmetic and geometric average returns
The stock with returns over the last 3 years of: +9.00%, -6.00%, and +12.00%(i.e. 0.09 ,-0.06, and 0.12).What are the arithmetic and geometric average returns over that three year period?
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