Consider the following annual return for Fund Y over the past five years: The geometric mean return

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Consider the following annual return for Fund Y over the past five years:

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The geometric mean return for Fund Y is closest to: A. 14.9 percent. B. 15.6 percent. C. 19.5 percent.

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2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

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Question Posted: Feb 01, 2024 08:30 AM

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Consider the following annual return for Fund Y over the past five years: The geometric mean return

Question:

Exhibit 1: Five-Year Annual Returns Year Year 1 Year 2 Year 3 Year 4 Year 5 Return (%) 19.5 -1.9 19.7 35.0 5.7

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A is correct The geometric ...View the full answer

2024 CFA Program Curriculum Level I Volume 1

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