Question

Refer to Exercise 3.52. The values of the DJIA on the first day of trading in 2005, 2006, and 2007 were 10,729.43, 10,847.41, and 12,474.52. a Calculate the geometric mean rate of return for the DJIA from 2005 to 2010. b If an investment of $ 100,000 is made in 2005 and the portfolio performs with returns equal to those of the DJIA, what is the investment worth in 2010?
In Exercise 3.52


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  • CreatedMay 28, 2015
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