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An investment portfolio exhibited the following annual returns over the last 5 years:

2% 7% -5% -3% 12%

a) What is the arithmetic average annual return?

b) What is the geometric average annual return?

c) If there was an investment made of $10,000 at the start of the period, how much would it be worth at the end of the period?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92821449

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