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The arithmetic average return does not take what the value of the investment was at the start of each period. Entdecke Rezepte Einrichtungsideen Stilinterpretationen und andere Ideen zum Ausprobieren.
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Hence even though a company may have the same arithmetic return for two consecutive years the dollar amount of those returns will be different in later years than in the first year.
. Since the firm receives money directly from these sales these are primary market transactions. First the corporation sells its securities which can be common stock preferred stock or debt.
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