Question: What are the arithmetic and geometric average returns for a stock with annual returns of 23 percent, 9 percent, -6 percent, and 12 percent? Multiple

What are the arithmetic and geometric average returns for a stock with annual returns of 23 percent, 9 percent, -6 percent, and 12 percent? Multiple Choice 12.32%; 9.50% 9.00%; 9.50% 9.50%; 9.00% 9.50%; 12.32%

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