Question: What are the arithmetic and geometric average returns for a stock with annual returns of 21 percent, 9 percent, -2 percent, and 13 percent? Multiple

What are the arithmetic and geometric average returns for a stock with annual returns of 21 percent, 9 percent, -2 percent, and 13 percent? Multiple Choice 11.04%;9.93% 9.93%;10.25% 10.25%;9.93% 11.04%,10.25% 10.25%;11.04%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
