An equity has had returns of 10 per cent, 15 per cent, 20 per cent, 12 per

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An equity has had returns of 10 per cent, 15 per cent, 20 per cent, –12 per cent, 2 per cent, and –5 per cent over the last 6 years. What are its arithmetic and geometric returns?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:01 AM

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An equity has had returns of 10 per cent, 15 per cent, 20 per cent, 12 per

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Answer So the arithmetic return is ...View the full answer

Corporate Finance

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