Using the five years of returns, assume that one of the five years during the second half
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Using the five years of returns, assume that one of the five years during the second half of the decade, 2015–2019, shows a loss of 10 percent. What would the geometric mean of the remaining four years have to be for the decade as a whole to average the 10 percent return for the S&P 500 Index?
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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