Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ten annual returns are listed in the following table: -19.2% 16.9% 18.5% -49.2% 43.7% 1.6% -16.6% 46.1% 44.8% -3.4% a. What is the arithmetic average

image text in transcribed

Ten annual returns are listed in the following table: -19.2% 16.9% 18.5% -49.2% 43.7% 1.6% -16.6% 46.1% 44.8% -3.4% 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 average 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 S (Round to the nearest cent)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions