A stock has had returns of 6 percent, 29 percent, 13 percent, 3 percent, 22 percent, and

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A stock has had returns of 6 percent, 29 percent, 13 percent, −3 percent, 22 percent, and −17 percent over the last six years. What are the arithmetic and geometric average returns for the stock?

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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