Ten annual returns are listed in the following table: (Click on the following iconin order to copy its contents into a spreadsheet 19.8%16.4% 18.4%-49.6%43.5%1.1% -16.8%46.3% 45.2%-3.2% a. What is the arithmetic average return over the 10-year period? b. What is the geometric average return over the 10 -year period? . 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 arthmetio average return over the 10 -year period is \%. (Round to two decimal places.) b. What is the geometric average feturn over the 10-year period? To find the geometric average retum, 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.)