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2. Nominal return of asset is following; Year 2006 2007 2008 2009 2010 2011 2012 Nominal rate of return (%) 5.00 4.85 1.85 3.00 4.10

2. Nominal return of asset is following; Year 2006 2007 2008 2009 2010 2011 2012 Nominal rate of return (%) 5.00 4.85 1.85 3.00 4.10 - 0.90 4.80 Calculate rate of return: a. arithmetic b. geometric

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