A stock has had returns of 27 percent, 12 percent, 32 percent, 12 percent, 19 percent,

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A stock has had returns of 27 percent, 12 percent, 32 percent, – 12 percent, 19 percent, and – 31 percent over the last six years. What are the arithmetic and geometric returns for the stock?

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Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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