The S&P 500 showed the following TRs for a 6 year period: 11.1 percent, -5.2 percent, 20.3 percent, 26.7 percent, - 12.4 percent, and 2.2
The S&P 500 showed the following TRs for a 6 year period: 11.1 percent, -5.2 percent, 20.3 percent, 26.7 percent, - 12.4 percent, and 2.2 percent.
(a) Calculate the arithmetic mean return for the 6 year period.
(b) Calculate the geometric mean return for the 6 year period.
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Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
