Question
Given the following returns over the past four years, compute the geometric mean rate of return (GM). Holding PeriodHolding Period Return (HPR) t=11.05 t=20.90 t=31.11
Given the following returns over the past four years, compute the geometric mean rate of return (GM).Holding PeriodHolding Period Return (HPR)
t=11.05
t=20.90
t=31.11
t=40.98
Please show work. Thank you!
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
