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A stock has had returns of 6 percent, 24 percent, 16 percent, -12 percent, 31 percent, and -6 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return % Geometric average return %

A stock has had returns of 6 percent, 24 percent, 16 percent, -12 percent, 31 percent, and -6 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return % Geometric average return %

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A stock has had returns of 6 percent, 24 percent, 16 percent, -12 percent, 31 percent, and -6 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.., 32.16.) Arithmetic average return % Geometric average return %
Transcribed Image Text:A stock has had returns of 6 percent, 24 percent, 16 percent, -12 percent, 31 percent, and -6 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.., 32.16.) Arithmetic average return % Geometric average return %
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