Why geometric average use instead simpler arithmetic average

Reference no: EM131209298

According to the expectations theory, how is the long- term interest rate determined?

Why is the geometric average used instead of the simpler arithmetic average?

Reference no: EM131209298

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Why geometric average use instead simpler arithmetic average : According to the expectations theory, how is the long- term interest rate determined? - Why is the geometric average used instead of the simpler arithmetic average?

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