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	%

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