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What are the arithmetic and geometric average returns for a stock with annual returns of 18 percent, 9 percent, 5 percent, and 14 percent? Multiple
What are the arithmetic and geometric average returns for a stock with annual returns of 18 percent, 9 percent, 5 percent, and 14 percent?
Multiple Choice
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9.00%; 8.64%
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8.64%; 9.00%
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11.39%; 9.00%
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9.00%; 11.39%
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11.39%; 8.64%
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