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The following table shows the closing prices and daily returns of Toronto Skates Inc. over a ...

urraberry

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The following table shows the closing prices and daily returns of Toronto Skates Inc. over a ...

The following table shows the closing prices and daily returns of Toronto Skates Inc. over a week:

Day	Closing Price	Returns
Monday	35.20	1.15%
Tuesday	34.90	-0.85%
Wednesday	37.00	6.02%
Thursday	35.00	-5.41%
Friday	35.10	0.29%

Calculate the weekly geometric mean (GM) and the arithmetic mean (AM) returns of Toronto Skates Inc. (Your answer should be four decimals, margin of error is +/- 0.0050%.)

▸ GM = 0.2400% and AM = 0.1728%

▸ GM = -0.2841% and AM = 0.1728%

▸ GM = 0.1728% and AM = 0.2400%

▸ GM = 0.1728% and AM = -0.2841%

Textbook

Corporate Finance

Edition: 5^th

Author: Booth

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ecunis1

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More solutions for this book are available here

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urraberry Author

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A month ago

Thanks for your help!!

DaiwalkerX

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Good timing, thanks!

kriggs62

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this is exactly what I needed

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