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A fund manager established an investment portfolio two and a half years ago and achieved the returns below in the last ten quarters. What was

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A fund manager established an investment portfolio two and a half years ago and achieved the returns below in the last ten quarters. What was the annualized return over the last two and a half years? Round off the answer to two decimal places. Quarters -9 -7 -4 -3 -2 -1 Returns 5.4% 2.1% -1.9% -3.2% 6.1% 0.5% 1.1% -6.0% -0.2% 2.1% -10 -8 (4 marks. Show working, namely, write down the equation needed to set up the computation and capture the inputs, to be followed by the next line to report the answer.)

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