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 8CP
Summary Introduction

To calculate: The geometric mean(annualized return) of return for entire period with the given information of different return rates.

Introduction: Geometric mean is calculated for the series which has a common ratio between two terms. This ration remains same for other terms also.

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