Question
The returns of a mutual fund manager for the past 3 years are the following: Year 1: 5% Year 2: 12% Year 3: -2% What
The returns of a mutual fund manager for the past 3 years are the following:
Year 1: 5%
Year 2: 12%
Year 3: -2%
What is the geometric average return of the fund for the past three years? Put return in decimal points instead of percentage.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
10th Edition
1266824014, 9781266824012
