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QUESTION 11 The following returns for Company X were observed over the past 5 years: RX1 = 2% RX2=-4% RX3 = 6% RX4 = 4%

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QUESTION 11 The following returns for Company X were observed over the past 5 years: RX1 = 2% RX2=-4% RX3 = 6% RX4 = 4% RX5 = 2% Calculate the arithmetic average return during this 5-year period. 2.5% 2% 10% 18%

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