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You observe the following annual rates of return for a hedge fund: Year Return 1 20% 2 -2% 3 10% 4 -14% 5 11% The
You observe the following annual rates of return for a hedge fund:
| Year | Return |
| 1 | 20% |
| 2 | -2% |
| 3 | 10% |
| 4 | -14% |
| 5 | 11% |
The hedge funds annual arithmetic mean return is:
|
| 4.31% |
|
| 6% |
|
| 1.25% |
|
| 5% |
|
| 2% |
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
6th Edition
1260226786, 9781260226782
