UK historical equity premium Geometric mean 5.40% Arithmetic mean 7.20% Do I use geometric mean or arithmetic
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UK historical equity premium |
Geometric mean | 5.40% |
Arithmetic mean | 7.20% |
Do I use geometric mean or arithmetic mean to calculate Capital Asset Pricing Model (CAPM)?
Related Book For
Principles of Managerial Finance
ISBN: 978-0134476315
15th edition
Authors: Chad J. Zutter, Scott B. Smart
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