FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

The S&P 500 index delivered a return of 25%,- 15%, 25%, and 5% over four successive years. What is the arithmetic average annual return for

The S&P 500 index delivered a return of 25%,- 15%, 25%, and 5% over four successive years. What is the arithmetic average annual return for four years?

A. 10.00%

B. 12.00%

C. 15.00%

D. 11.00%

Please don't use excel and please go step by step

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Fundamentals of Cost Accounting

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

3rd Edition

978-0077398194

Students also viewed these Finance questions

Question

Revisit the three main theories presented at the beginning of this chapter: (a) bureaucratic theory, (b) human resources development theory, and (c) critical theory. How do you see each of these...

Answered: 1 week ago

Question

★★★★★
Recovery Enterprises sells a product for $ 90 per unit. The variable cost is $ 60 per unit, while fixed costs are $ 45,000. Determine (a) The break-even point in sales units (b) The break-even point...

Answered: 1 week ago

Question

★★★★★
Compute the price-earnings ratio for each of these four separate companies. For which of these four companies does the market have the lowest expectation of future performance? Complete this question...

Answered: 1 week ago

Question

★★★★★
Make r the subject re? t = (r + b)2

Answered: 1 week ago

Question

★★★★★
Alpha Appliances, Inc. Alpha Appliances, Inc. is a major distributor of household appliances. Its customer base consists of local retailers who stock a variety of products including appliances. Alpha...

Answered: 1 week ago

Question

★★★★★
You built a dashboard with several views exploring your product inventory data set. One of the views should display only products that have a quantity below 50. Which type of filter should you use in...

Answered: 1 week ago

Question

★★★★★
Suppose the accompanying data are from a paper on a community of Antarctic penguins. They represent the body mass (in grams) for a sample of 10 female chinstrap penguins. 3,350 3,250 3,800 3,550...

Answered: 1 week ago

Question

★★★★★
In the mass production of engine blocks for a single cylinder, the tolerance in the diameter (D) of the cylinders is normally distributed. The average diameter of the cylinders has been measured to...

Answered: 1 week ago

Question

★★★★★
The average weight of a particular box of crackers is 24.5 ounces with a standard deviation of 0.8 ounce. The weights of the boxes are normally distributed. a. What percent of the boxes weigh more...

Answered: 1 week ago

Previous Question Next Question