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Problem:

A stock has had returns of 13 percent, 31 percent, 18 percent, ?19 percent, 31 percent, and ?7 percent over the last six years.

Required:

Question: What are the arithmetic and geometric returns for the stock?

Note: Explain all steps comprehensively.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91166633

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