A portfolio of stocks generates a 2 9% return in 2008, a 23% return in 2009, and

Question:

A of generates a 2 9% return in 2008, a 23% return in 2009, and a 17% return in 2010. What is the annualized return (geometric mean) for the entire period?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...