Question
21. Your friend, Tobias, needs your help finding the average for a set of portfolio returns. They have calculated the returns (in %) as :
21.
Your friend, Tobias, needs your help finding the average for a set of portfolio returns. They have calculated the returns (in %) as : month return 1 30.29 2 22.66 3 31.56 4 30.83 5 4.08 What is the GEOMETRIC mean of these returns?
Select one:
a.
23.41%
b.
23.88%
c.
186.29%
d.
21.39%
e.
19.37%
f.
insufficient information to determine
g.
23.65%
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Financial Times Handbook Of Corporate Finance A Business Companion To Financial Markets Decisions And Techniques
Authors: Glen Arnold
2nd Edition
0273726560, 978-0273726562
