A stock has had returns of -19.7 percent, 29.7 percent, 32.4 percent, -10.8 percent, 35.5 percent, and 27.7 percent over the last six years. What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Arithmetic average return Geometric average return % %

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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A stock has had returns of -19.7 percent, 29.7 percent, 32.4 percent, -10.8 percent, 35.5 percent, and 27.7 percent over the last six
years. What are the arithmetic and geometric returns for the stock?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
Arithmetic average return
Geometric average return
%
%
Transcribed Image Text:A stock has had returns of -19.7 percent, 29.7 percent, 32.4 percent, -10.8 percent, 35.5 percent, and 27.7 percent over the last six years. What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Arithmetic average return Geometric average return % %
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