Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The geometric mean average historical rate of return on a fund over the past four years, if the annual rates have been -12%, 10%, 0%

image text in transcribed
The geometric mean average historical rate of return on a fund over the past four years, if the annual rates have been -12%, 10%, 0% and 12%, is 02.04% 8.50% 3.16%. O 2.54%. O impossible to calculate from the information provided

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Introduction To Trading In The Financial Markets Market Basics

Authors: R. Tee Williams

1st Edition

0123748380, 9780123748386

More Books

Students also viewed these Finance questions