Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ten annual returns are listed: -19.1% 16.9% 17.5% -49.9% 43.9% 1.8% -16.3% 46.4% 44.8% -3.4% A. What is the arithmetic average return over the 10-year

Ten annual returns are listed:

-19.1% 16.9% 17.5% -49.9% 43.9% 1.8% -16.3% 46.4% 44.8% -3.4%

A. What is the arithmetic average return over the 10-year period?

(answer in decimal format rounded 4 decimal places)

B. What is the geometric average return over the 10-year period?

(answer in decimal format rounded 4 decimal places)

C. If you invested $100 at the beginning, how much would you have at the end?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Understand Business Finance

Authors: Bob Cinnamon, Brian Helweg-Larsen

2nd Edition

0749460202, 978-0749460204

More Books

Students also viewed these Finance questions

Question

What attracts you about this role?

Answered: 1 week ago

Question

How many states in India?

Answered: 1 week ago

Question

HOW IS MARKETING CHANGING WITH ARTIFITIAL INTELIGENCE

Answered: 1 week ago

Question

4. Explain the strengths and weaknesses of each approach.

Answered: 1 week ago

Question

3. Identify the methods used within each of the three approaches.

Answered: 1 week ago