Question
You have owned a stock with returns of 19 percent, 14 percent, 12 percent, -4 percent, 10 percent, and 4 percent over the last six
You have owned a stock with returns of 19 percent, 14 percent, 12 percent, -4 percent, 10 percent, and 4 percent over the last six years. What is the arithmetic return for the stock? What is the geometric return for the stock?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakin
7th Global Edition
0273754440, 9780273754442
