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Ten annual returns are listed in the following? table:

-19.3?%,

16.5?%,

17.6?%,

-49.2?%,

43.2?%,

1.4?%,

-16.1?%,

45.9?%,

44.7?%,

-3.3?%

a. What is the arithmetic average return over the 10-year period?

b. What is the geometric average return over the 10-year period?

c. If you invested $100 at the beginning, how much would you have at the end?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92863030

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