A stock has returns of 15 percent, 12 percent, 15 percent, 22 percent, and 11 percent. What

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A stock has returns of –15 percent, 12 percent, 15 percent, 22 percent, and 11 percent. What are the arithmetic and geometric returns?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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