The First Term of a Geometric Sequence Is $12$ And the Second Term Is

question 89

Essay

The first term of a geometric sequence is $12$ and the second term is $4$ . Find the fifth term.

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Definitions:

One-Factor APT

A model that describes financial markets and attempts to predict the returns of securities with a single factor, usually related to economic risk.

Standard Deviation

A measure of the dispersion of a set of data from its mean, indicating volatility.

Factor Portfolio

A portfolio constructed to have a specific sensitivity to certain underlying factors that are expected to influence returns, such as size, value, or momentum.

Chen, Roll, Ross

Researchers known for their work in the financial field, including the development of theoretical models for asset pricing.