Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ten annual returns are listed in the following table: -19.9 16.6 18.0 -50.0 43.3 1.2 -16.5 45.6 42.5 -3.0 a. What is the arithmetic average

Ten annual returns are listed in the following table:

-19.9 16.6 18.0 -50.0 43.3 1.2 -16.5 45.6 42.5 -3.0

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?

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_2

Step: 3

blur-text-image_3

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

Stocks And Forex Trading How To Win

Authors: Daryl Guppy ,karen Wong

1st Edition

9811237646, 978-9811237645

More Books

Students also viewed these Finance questions

Question

2+1+3+6+7+8+9=? slove this I will upvote

Answered: 1 week ago

Question

Why is it useful to compare multiple companies at once?

Answered: 1 week ago