Question: Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 10 percent, 17 percent, 26 percent, ?14 percent, 24 percent, and ?9
Problem 12-15 Arithmetic and Geometric Returns [LO1]
| A stock has had returns of 10 percent, 17 percent, 26 percent, ?14 percent, 24 percent, and ?9 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 | % |
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