Question: Please show formulas and step by step A stock has had returns of 6 percent, 29 percent, 13 percent, -3 percent, 22 percent, and -
Please show formulas and step by step
A stock has had returns of 6 percent, 29 percent, 13 percent, -3 percent, 22 percent, and - 17 percent over the last six years. What are the arithmetic and geometric average returns for the stock?
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