A stock has had returns of 23, 11, 37, 3, 22, and 17 percent over the last

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A stock has had returns of 23, 11, 37, −3, 22, and −17 percent over the last six years. What are the arithmetic and geometric average returns for the stock?

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Corporate Finance

ISBN: 978-1259918940

12th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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