Question: Problem 10-20 Arithmetic and Geometric Returns [LO 1] A stock has had returns of ?26 percent, 6 percent, 34 percent, ?5 percent, 28 percent, and
Problem 10-20 Arithmetic and Geometric Returns [LO 1]
| A stock has had returns of ?26 percent, 6 percent, 34 percent, ?5 percent, 28 percent, and 19 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 | % |
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