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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