Question: The simple annual return is the same as the geometric average. is appropriate only for short - term investments. is the difference between the present

The simple annual return
is the same as the geometric average.
is appropriate only for short-term investments.
is the difference between the present value of all future benefits of an investment and the present value of all capital contributions.
assumes interest and principal are not reinvested.
incorporates compounding in the analysis.

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