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2. You earned the following annual holding period returns over the past three years: 4% -2% 10% a.) How well did you actually do as
2. You earned the following annual holding period returns over the past three years:
4% -2% 10%
a.) How well did you actually do as a geometric average rate of return?
b.) Assume you started with $1,000,000. After the first year, you put an additional $300,000 into the account. After the second year, you put an additional $100,000 into the account. What is your dollar weighted average rate of return with this account?
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