Question
(The answer is 4.84% but I dont know how to get to it) A portfolio had the following monthly returns in 2017 from January to
(The answer is 4.84% but I dont know how to get to it)
A portfolio had the following monthly returns in 2017 from January to December: 1.5%, 0.25%,
1%, 0.5%, 1%, 0.05%, 1%, 0.75%, 0.5%, 1.25%, 1.5%, 2%.
Calculate the annual return of the portfolio (hint: use compounding)
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
