A stock has returns of 9 percent, 17 percent, 9 percent, 14 percent, and 4 percent. What

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A stock has returns of −9 percent, 17 percent, 9 percent, 14 percent, and −4 percent. What are the arithmetic and geometric returns?

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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