Question: Problem 10-20 Arithmetic and Geometric Returns A stock has had returns of 16 percent, 23 percent, 15 percent, 11 percent, 30 percent, and 5 percent
Problem 10-20 Arithmetic and Geometric Returns
| A stock has had returns of 16 percent, 23 percent, 15 percent, 11 percent, 30 percent, and 5 percent over the last six years. |
| What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) |
| Arithmetic return | % |
| Geometric return | % |
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