1. A stock has had returns of 7 percent, 15 percent, 21 percent, ?17 percent, 21 percent, and ?9 percent over the last six years. What are the arithmetic and geometric returns for the stock?
2. Using a $500,000 price for a business listed for sale and your own assumptions allocate this amount among various asset classifications first for a client-buyer and then for a client-seller. Explain why you used certain categories and not others.