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% 45.2% -3.0% a. What is the arithmetic average

image text in transcribed

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% 45.2% -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? 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 (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