An analyst observes the following annual rates of return for a hedge fund, which are presented in
Question:
An analyst observes the following annual rates of return for a hedge fund, which are presented in Exhibit 4.
The fund’s geometric mean return over the three-year period is closest to:
A. 0.52 percent.
B. 1.02 percent.
C. 2.67 percent.
Transcribed Image Text:
Exhibit 4: Hedge Fund Performance, 20X8-20X0 Year 20X8 20X9 20X0 Return (%) 22 -25 11
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