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You invest in Handley Ltd shares at the start of 2019. Your investment returns are 10% in the first year of your investment, 15% in
You invest in Handley Ltd shares at the start of 2019. Your investment returns are 10% in the first year of your investment, 15% in the second year and 28% in the third year. Which of the following statements correctly describe your returns over this three-year period? Your average annual arithmetic return (rounded to 2 decimal places) is 17.43% More than one of the other answers is correct. None of the other answers is correct Your average annual geometric return (rounded to 2 decimal places) is 17.67%
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