Question
Your investment portfolio has the following annual returns over the last three years. Year 1: -13% Year 2: 6% Year 3: 19% The arithmetic average
Your investment portfolio has the following annual returns over the last three years.
Year 1: -13%
Year 2: 6%
Year 3: 19%
The arithmetic average of these returns is: %
The time-weighted annualized return (i.e. geometric average) of these returns is: %
Please enter your answer with TWO decimal points.
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
