Question: Problem 10-20 Arithmetic and Geometric Returns [LO 1] A stock has had returns of -19.7 percent, 29.7 percent, 32.4 percent. -10.8 percent, 35.5 percent, and
Problem 10-20 Arithmetic and Geometric Returns [LO 1] A stock has had returns of -19.7 percent, 29.7 percent, 32.4 percent. -10.8 percent, 35.5 percent, and 27.7 percent over the last six years. Required: What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) Arithmetic average return Geometric average return 15,80 % 24,21 %
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