A stock had returns of 20 percent 12 percent 14 percent -10


A stock had returns of 20 percent, 12 percent, 14 percent, -10 percent, 16 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 20 percent 12 percent 14 percent -10
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