Question
Which one of the following is defined as the average compounded return earned per year over a multiyear period? A. Arithmetic average return B. Geometric
Which one of the following is defined as the average compounded return earned per year over a multiyear period?
| A. | Arithmetic average return | |
| B. | Geometric average return | |
| C. | Standard deviation of returns | |
| D. | Variance of returns |
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Financial Management EMEA Theory And Practice
Authors: Michael Ehrhardt, Roland Fox, Eugene Brigham
2nd Edition
1473760216, 9781473760219
