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Consider the following return for a portfolio: 2015 5.4% 2016 -2.0% 2017 3.2% 2018 8.4% 2019 5.3% Compute the average (annualized) geometric return. Group of
Consider the following return for a portfolio:
| 2015 | 5.4% |
| 2016 | -2.0% |
| 2017 | 3.2% |
| 2018 | 8.4% |
| 2019 | 5.3% |
Compute the average (annualized) geometric return.
Group of answer choices
4.06%
21.68%
20.30%
4.00%
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
