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a. What were the annual rates of return? b. What is the arithmetic average return? c. What is the geometric average return? d. Demonstrate

a. What were the annual rates of return? b. What is the arithmetic average return? c. What is the geometric

a. What were the annual rates of return? b. What is the arithmetic average return? c. What is the geometric average return? d. Demonstrate that the geometric average is more accurate. Date Jan 01, 2014 Jan 01, 2015 Jan 01, 2017 Jan 01, 2018 Jun 30, 2019 Value of the asset 30,000 40,000 60,000 40,000 47,000

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