Question: A . For multiple periods, the additive relationship is regarded as desirable. B . They more closely follow the normal distribution than do arithmetic returns.

A.
For multiple periods, the additive relationship is regarded as desirable.
B.
They more closely follow the normal distribution than do arithmetic returns.
C.
They always deliver a higher measure of returns than do arithmetic returns.
D.
They are able to address the skewness in arithmetic returns

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