Your portfolio had the following Total Returns for the past 3 years:

2019 10.32%

2018 -4.36%

2017 7.38%

a. Calculate the arithmetic average (simple average) return over the past 3 years

b. Calculate the Compound Annual Return (Geometric Mean) over the past 3 years

c. If you established the portfolio with $100,000 at the beginning of the 3 years, took nothing out and added no additional money, how much would you have in your portfolio today?

d. If the average annual inflation rate over the past 3 years was 1.25%, what was the inflation adjusted average annual return. (Use the Compound Annual Return in this calculation)