Question: How is a geometric average rate of return computed? For example, what is the geometric average of the following annual rates of return: 10 percent,
How is a geometric average rate of return computed? For example, what is the geometric average of the following annual rates of return: 10 percent, 210 percent, and 5 percent?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
