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The last four annual returns are: Year 1 2 3 4 Return 17% -12% 3% 18% What is the geometric average annual return? A. 6.5%
The last four annual returns are:
| Year | 1 | 2 | 3 | 4 |
| Return | 17% | -12% | 3% | 18% |
What is the geometric average annual return?
| A. | 6.5% | |
| B. | 6.3% | |
| C. | 6.0% | |
| D. | 5.8% |
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
