Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your portfolio has provided you with returns of 11.87 percent, 7.24 percent, -0.29 percent, and 13.68 percent over the past four years, respectively. What is

Your portfolio has provided you with returns of 11.87 percent, 7.24 percent, -0.29 percent, and 13.68 percent over the past four years, respectively. What is the geometric average return for this period? Answer must be in percentage form (e.g. 0.01 is 1%) without the percentage (%) symbol. Answer to two (2) decimals.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

6th Edition

8120321014, 978-8120321014

More Books

Students also viewed these Finance questions