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Ten annual returns are listed in the following table: negative 19.6% 16.8% 18.4% negative 49.2% 43.3% 1.9% negative 16.2% 46.2% 45.4% negative 3.9% a. What

Ten annual returns are listed in the following table: negative 19.6% 16.8% 18.4% negative 49.2% 43.3% 1.9% negative 16.2% 46.2% 45.4% negative 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?

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