What is the arithmeti

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: The Basic Tools Of Finance
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A stock had returns of 14 percent, 17 percent, 14 percent, 20 percent, 16 percent, and 2
percent over the last six years.
What is the arithmetic return for the stock?
Arithmetic return
What is the geometric return for the stock?
Geometric return
Transcribed Image Text:A stock had returns of 14 percent, 17 percent, 14 percent, 20 percent, 16 percent, and 2 percent over the last six years. What is the arithmetic return for the stock? Arithmetic return What is the geometric return for the stock? Geometric return
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