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An investor is evaluating the historical performance of an investment fund. The following annual returns are provided to the investor: Fund Value 0 220 1
An investor is evaluating the historical performance of an investment fund. The following annual returns are provided to the investor:
Fund Value
0 | 220 |
1 | 242 |
2 | 276 |
3 | 263 |
4 | 258 |
5 | 253 |
Required:
a. Calculate the investment returns for each year.
b. Compute the arithmetic mean return.
c. Calculate the geometric mean return.
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