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Ten annual returns are listed in the following table: 19.3% 16.2% 17.9% 49.6% 43.2% 1.6% 16.1% 46.3% 45.1% 3.7% a. What is the arithmetic average

Ten annual returns are listed in the following table:

19.3%

16.2%

17.9%

49.6%

43.2%

1.6%

16.1%

46.3%

45.1%

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?

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