Suppose that the rate of return for a particular stock during the past two years was 10%
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Suppose that the rate of return for a particular stock during the past two years was 10% for the first year and 30% for the second year. Compute the geometric rate of return per year.
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780134684840
14th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan
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