A stock has had returns of 12 percent, 30 percent, 17 percent, -18 percent, 30 percent, and -7 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round Intermedlate calculations and enter your answers as a percent rounded to 2 declmal places, e.g., 32.16.)
A stock has had returns of 12 percent, 30 percent, 17 percent, -18 percent, 30 percent, and -7 percent over the last six years. What are the arithmetic and geometric average returns for the stock? (Do not round Intermedlate calculations and enter your answers as a percent rounded to 2 declmal places, e.g., 32.16.)
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 18PROB
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