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In 2006 2009 the value of precious metals changed rapidly The data in the following table (contained in the file represent the total rate of return in percentage for platinum gold and silver

In 2006–2009, the value of precious metals changed rapidly. The data in the following table (contained in the file ) represent the total rate of return (in percentage) for platinum, gold, and silver from 2006 through 2009: Metals a. Compute the geometric mean rate of return per year for platinum, gold, and silver from 2006 through 2009. b. What conclusions can you reach concerning the geometric mean rates of return of the three precious metals? c. Compare the results of (b) to those of Problem 3.21 (b)
Year Platinum Gold Silver 2009 62.7 25.0 56.8 2008 -41.3 4.3 -26.9 2007 36.9 31.9 14.4 2006 15.9 23.2 46.1

Jun 20 2020 View more View Less

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