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Assume the Dow Jones Industrial Average stock index at the beginning of Jan. 1990 had a value of 2,773.25 and at the beginning of Jan.
Assume the Dow Jones Industrial Average stock index at the beginning of Jan. 1990 had a value of 2,773.25 and at the beginning of Jan. 2020 a value of 28,868.80. What would have been your geometric average return (compound return) over the 30-year investment period? 8.84% 12.17% 9.45% None of the answers is correct 8.12%
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