Question: Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 14 percent, 21 percent, 23 percent, 18 percent, 28 percent, and 5
Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 14 percent, 21 percent, 23 percent, 18 percent, 28 percent, and 5 percent over the last six years. What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic return % Geometric return %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
