Investments, 11th Edition (exclude Access Card)
Investments, 11th Edition (exclude Access Card)
11th Edition
ISBN: 9781260201543
Author: Zvi Bodie Professor; Alex Kane; Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 24, Problem 7CP
Summary Introduction

To calculate: Annual geometric return.

Introduction: Geometric mean is sum of the rate of return for the period. It is cumulative in nature. Geometric mean is average of return rate.

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