A portfolio of stocks generates a 9% return in 2020, a 23% return in 2021, and a
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A portfolio of stocks generates a −9% return in 2020, a 23% return in 2021, and a 17% return in 2022. What is the annualized return (geometric mean) for the entire period?
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To calculate the annualized return geometric mean for the entire period well use the following for...View the full answer
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Related Book For 
ISE Essentials Of Investments
ISBN: 9781265450090
12th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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