Question
You have the following rates of return for a risky portfolio for several recent years. 2017 10% 2018 15% 2019 -12%. annualized (geometric) average return
You have the following rates of return for a risky portfolio for several recent years.
2017 10%
2018 15%
2019 -12%.
annualized (geometric) average return on this investment is ______.
| A. | 13% | |
| B. | 11.32% | |
| C. | 4.33% | |
| D. | 3.64% |
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Financial Accounting
Authors: Belverd E Needles, Marian Powers
10th Edition
0547193289, 9780547193281
