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The following returns for Company X were observed over the past 5 years: R X1 = 2% R X2 = -4% R X3 = 6%

The following returns for Company X were observed over the past 5 years:

RX1= 2%

RX2= -4%

RX3= 6%

RX4= 4%

RX5= 2%

Calculate thearithmetic average returnduring this 5-year period.

ANSWER CHOICES:

A. 10%

B. 2.5%

C. 18%

D. 2%

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