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Time company stock price 1 $15 2 $10 3 $12 4 $23 5 $25 I was given the above information about a company's year end
Time company stock price
1 $15
2 $10
3 $12
4 $23
5 $25
I was given the above information about a company's year end stock prices and paid no cash divendends
I need to find the following answers:
Calculate the annual rate of returns
what is the arithmetic average
what is the geometric average
which type of average better describes the annual rate of return
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