A stock provides the following returns: Year 1 6% Year 2 10% Year 3 -5% What is
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Question:
A stock provides the following returns:
| Year 1 | 6% |
| Year 2 | 10% |
| Year 3 | -5% |
What is the geometric average return?
A stock provides the following returns:
| Year 1 | 6% |
| Year 2 | 10% |
| Year 3 | -5% |
What is the geometric average return?
Expert Answer:
Related Book For 
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
