A stock has had returns of 9%, 21%, 32%, 18%, 27%, and 12% over the last six

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A stock has had returns of 9%, 21%, 32%, −18%, 27%, and −12% over the last six years. What are the arithmetic and geometric returns for the stock?

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Fundamentals Of Corporate Finance

ISBN: 9781259654756

10th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway

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