A stock has had returns of 12 percent 19 percent 21 percent


A stock has had returns of 12 percent, 19 percent, 21 percent, −12 percent, 26 percent, and −5 percent over the last six years.

What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))

Arithmetic return             %

Geometric return            %

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Financial Management: A stock has had returns of 12 percent 19 percent 21 percent
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