Question: The statistical chart compiled by Ibbotson & Associates shows that the Annual Returns on Long Term Government Bonds for the period 2008 through 2013 was
The statistical chart compiled by Ibbotson & Associates shows that the Annual Returns on Long Term Government Bonds for the period 2008 through 2013 was 41.78%, -25.61%, 7.73%, 35.75%, 1.80%, and -12.69%, respectively. Compute the Arithmetic Average Annual Rate of Return and Geometric Average Annual Rate of Return for these bonds for this holding period.
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