The beginning share price for a security over a three-year, Financial Management

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The beginning share price for a security over a three-year

The beginning share price for a security over a three-year period was $50. Subsequent year-end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was

Answers: A. 9.30% and 8.58%, respectively. B. 9.30% and 7.89%, respectively. C. 9.30% and 7.03%, respectively. D. 9.30% and 6.37%, respectively.

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Financial Management: The beginning share price for a security over a three-year

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