Question

FinCorp Inc. has been using the services of San Bernadino Brokerage Company (SBBC) for the past six months. SBBC has informed FinCorp Inc. that the geometric mean monthly return was 7 percent and that over the past six months FinCorp Inc. earned 16 percent, 19 percent, −23 percent, 14 percent, −8 percent, and an unknown amount in the last month. Determine the missing return.



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  • CreatedFebruary 25, 2015
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