A stock had returns of 18 percent 14 percent 19 percent 8


A stock had returns of 18 percent, 14 percent, 19 percent, 8 percent, 13 percent, and 5 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 14 percent 19 percent 8
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