Essay: Average rate of return
What’s the difference between the arithmetic and geometric average return (conceptually, not mathematically), and when is it best to use each?Please keep your answer as concise as possible (no more than 150 words).
What’s the difference between the arithmetic and geometric average return (conceptually, not mathematically), and when is it best to use each?Please keep your answer as concise as possible (no more than 150 words).
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