Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ten annual returns are listed in the following table: -19.7% 16.5% 18.2% 49.8% 43.6% 1.9% -16.6% 45.9% 45.2% -3.9% a. What is the arithmetic average
Ten annual returns are listed in the following table: -19.7% 16.5% 18.2% 49.8% 43.6% 1.9% -16.6% 45.9% 45.2% -3.9% 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 0.0813. (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 0.0327. (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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started