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a Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) 19.8%

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a Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) 19.8% 16.2% 18.4% - 49.2% 43.9% 1.3% - 16.6% 45.6% 44.5% -3.4% a. What is the arithmetic average return over the 10-year period? b. What is the geometric average return over the 10-year period? c. If you invested $100 at the beginning, how much would you have at the end? a. What is the arithmetic average return over the 10-year period? The arithmetic average return over the 10-year period is 8.09 %. (Round to two decimal places.) b. What is the geometric average return over the 10-year period? To find the geometric average return, use the following formulas. First find the future value of investing $1 today, using the following formula: FV=$1x ((1+R) *(1+R2) ***(1+RT)) Then use the following formula and solve for R: FV=$1*(1 + R) 10 The geometric average return, R. over the 10-year period is %. (Round to four decimal places.)

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