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Investment Year Rates in % Portfolio Rates in % Question You are given the following table of interest rates: Calendar Year of Investment y 2014

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Investment Year Rates in % Portfolio Rates in % Question You are given the following table of interest rates: Calendar Year of Investment y 2014 2015 2016 2017 2018 2019 6.00 5.50 4.00 6.00 6.50 7.0 5.00 5.00 5.50 4.50 5.00 5.00 3.00 4.00 3.00 4.00 4.50 4.00 4.50 5.00 2004 Find the investment year rate :2004 in 2019 that will result in the same 3-year average return over the 3 year period from the start of 2017 to the end of 2019 for both the investment year method for an investment made at the start of 2017 and the portfolio yield method. Possible Answers A Less than 0.0800 8 At least.0800 but less than 0.0825 c At least.0825 but less than 0.0850 D At least 0850 but less than 0.0875 E At least .0875

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