What is the difference between the average annual return for a fund and the geometric mean return

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What is the difference between the average annual return for a fund and the geometric mean return for that fund?

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Question Posted: Dec 15, 2015 06:05 AM

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What is the difference between the average annual return for a fund and the geometric mean return

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Standard practice in the mutual fund industry is to calculate and present ...View the full answer

Investments Analysis and Management

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