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Your friend, Anna, needs your help finding the average for a set of portfolio returns. They have calculated the returns (in %) as : month

Your friend, Anna, needs your help finding the average for a set of portfolio returns. They have calculated the returns (in %) as : month return 1 -12.67 2 36.46 3 19.68 4 15.24 5 10.12 What is the GEOMETRIC mean of these returns?

Select one:

a.

insufficient information to determine

b.

13.18%

c.

12.60%

d.

15.36%

e.

13.77%

f.

80.99%

g.

16.96%

Clear my choice

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