A stock had returns of 18 percent 11 percent 17 percent 14


A stock had returns of 18 percent, 11 percent, 17 percent, 14 percent, 19 percent, and -10 percent over the last six years. Required: (a) What is the arithmetic return for the stock? (b) What is the geometric return for the stock?

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Financial Management: A stock had returns of 18 percent 11 percent 17 percent 14
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