Question: Consider a $ 10 stock that increase by 20% after the first year, then declines by 30% in the second year. Then, the arithmetic mean
Consider a $ 10 stock that increase by 20% after the first year, then declines by 30% in the second year. Then, the arithmetic mean is ____ % while the geometric mean is _____ %. (Round to the nearest tenth.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
