Question: Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 11 percent, 29 percent, 16 percent. -17 percent, 29 percent, and-7 percent
Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 11 percent, 29 percent, 16 percent. -17 percent, 29 percent, and-7 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.9.32.16.) Arithmetic return Geometric retur 9%
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