Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ten annual returns are listed in the following: -19.6%, 16.3%, 18.4, -49.2%, 43.5%, 1.2%, -16.8%, 46.1%, 45.4%, -3.7% A. what is the arithmetic average return

Ten annual returns are listed in the following:

-19.6%, 16.3%, 18.4, -49.2%, 43.5%, 1.2%, -16.8%, 46.1%, 45.4%, -3.7%

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

b. what is the geometric average return over the 10-year period?

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

(Round answers A and B to four decimal places, C to nearest cent PLEASE!)

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

Venture Capital And The Finance Of Innovation

Authors: Andrew Metrick

1st Edition

0470074280, 9780470074282

More Books

Students also viewed these Finance questions