Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the arithmetic average of the following returns. Year Return 1 -0.06 2 0.25 3 0.21 4 0.25 5 -0.07 Enter the answer with 4

Calculate the arithmetic average of the following returns.

Year Return

1 -0.06

2 0.25

3 0.21

4 0.25

5 -0.07

Enter the answer with 4 decimals, e.g. 0.1234.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Management

Authors: Cheol Eun, Bruce Resnick

7th Edition

0077861604, 9780077861605

More Books

Students also viewed these Finance questions

Question

Assess the requirements for strategic LMD

Answered: 1 week ago

Question

How can e-learning benefit organizations and individuals?

Answered: 1 week ago