Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ten annual returns are listed in the following table: - 19.1% 16.3% 18.3% -49.6% 43.3% 1.9% -16.9% 46,5% 44.7% -33% a. What is the arithmetic

image text in transcribed
Ten annual returns are listed in the following table: - 19.1% 16.3% 18.3% -49.6% 43.3% 1.9% -16.9% 46,5% 44.7% -33% 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? a. What is the arithmetic ayerage return over the 10-year period? The arithmetic average return over the 10-year period is (Round to four decimal places.) b. What is the geometric average return over the 10-year period? The geometric average return over the 10-year period is (Round to four decimal places) c. If you invested $100 at the beginning, how much would you have at the end? If you invested $100 at the beginning, at the end you would have $ (Round to the nearest cant)

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 Day Trade Futures

Authors: Joseph Dinero

1st Edition

154249902X, 978-1542499026

More Books

Students also viewed these Finance questions