GEN COMBO LOOSELEAF INVESTMENTS; CONNECT ACCESS CARD
GEN COMBO LOOSELEAF INVESTMENTS; CONNECT ACCESS CARD
11th Edition
ISBN: 9781260201550
Author: Bodie
Publisher: MCG
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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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