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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To find the arithmetic average return we sum up all the individual re...View the full answer
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Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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