Question: Problem 12-15 Arithmetic and Geometric Returns [LO1] A stock has had returns of 8 percent, 26 percent, 18 percent, 14 percent, 26 percent, and 6

Problem 12-15 Arithmetic and Geometric Returns [LO1]

A stock has had returns of 8 percent, 26 percent, 18 percent, 14 percent, 26 percent, and 6 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.)

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