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Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) begin{tabular}{rrrrrrrrrr} hline19.2%
Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) \begin{tabular}{rrrrrrrrrr} \hline19.2% & 16.5% & 18.3% & 49.4% & 43.5% & 1.1% & 16.4% & 45.5% & 44.7% & 3.4% \\ \hline \end{tabular} 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 two decimal places.) b. What is the geometric average return over the 10 -year period? To find the geometric average return, use the following formulas. First find the future value of investing $1 today, using the following formula: FV=$1((1+R1)(1+R2)(1+RT)) Then use the following formula and solve for R : FV=$1(1+R)10 The geometric average return, R, 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.)
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