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Ten annual returns are listed in the following table: 19.3% 16.9% 17.6% 49.6% 43.1% 1.3% 16.9% 45.7% 45.3% 3.5% a. What is the arithmetic average

Ten annual returns are listed in the following table:

19.3%

16.9%

17.6%

49.6%

43.1%

1.3%

16.9%

45.7%

45.3%

3.5%

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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