Question
Given the following percent returns, calculate the number that is closest to the geometric average. Year 1 2 3 4 5 Return (%) -15 -3
Given the following percent returns, calculate the number that is closest to the geometric average.
Year 1 2 3 4 5
Return (%) -15 -3 18 25 0
Group of answer choices
a. 12.20%
b. 5.00%
c. 11.47%
d. 3.99%
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
