Question: Problem 12-15 Arithmetic and Geometric Returns (LO1) A stock has had returns of 12 percent, 30 percent, 17 percent, -18 percent, 30 percent, and -7
Problem 12-15 Arithmetic and Geometric Returns (LO1) A stock has had returns of 12 percent, 30 percent, 17 percent, -18 percent, 30 percent, and -7 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round- intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return Geometric average return
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