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Given annual returns of 6%, -4%, -12% and 20%, what is the arithmetic average? a. 10.84% b. 8.50% c. 2.50% d. 9.31%
Given annual returns of 6%, -4%, -12% and 20%, what is the arithmetic average?
a. 10.84%
b. 8.50%
c. 2.50%
d. 9.31%
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Analysis For Financial Management
Authors: Robert C. Higgins
12th International Edition
1260091910, 9781260091915
