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What are the arithmetic and geometric average returns ( Answer in that order. ) for a stock with annual returns of 6 percent, 12 percent,
What are the arithmetic and geometric average returns (Answer in that order.) for a stock with annual returns of 6 percent, 12 percent, 9 percent, and 10 percent?
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4.75 percent; 4.00 percent
4.75 percent; 4.41 percent
4.25 percent; 3.80 percent
6.25 percent; 6.00 percent
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