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2. The table shows the performance of the SPDR S&P 500 ETF Trust (Ticker symbol: SPY) for the period Y2 5.42% YA 26.27% Period (yearY1
2. The table shows the performance of the SPDR S&P 500 ETF Trust (Ticker symbol: SPY) for the period Y2 5.42% YA 26.27% Period (yearY1 Y5 14.89% -36.83% (a) Calculate the arithmetic (simple) average return (annual; %) over the 5-year period. (b) Calculate the standard deviation ofreturns (annual, %). (c) Calculate the geometric average rate of return (annual, %). (d) If the initial investment at the beginning of Y1 was S10,000, what was the market value of the investment (S) at the end of Y5
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