Interest rates can be said to be the price


1. You purchased ABC stock six years ago and have earned annual returns of 20.2%, 19.7%, 14.2%, -2.7%, -10.3%, and -11.5%. What is the geometric average return?

2. Interest rates can be said to be the price of:

a. Risk

b. Investment

c. Default

d. Opportunity costs

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Financial Management: Interest rates can be said to be the price
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