Question: Based on the following return data answer the following questions : EQUITY FI 1 13% 3% 2 11% 2% 3 16% 2% 4 9% 3%

 Based on the following return data answer the following questions :

Based on the following return data answer the following questions : EQUITY FI 1 13% 3% 2 11% 2% 3 16% 2% 4 9% 3% 5 -5% 6% 6 24% 4% 7 7% 2% 8 15% 3% 9 11% 3% 10 12% 2% What is the geometric mean / CAGR return for FL ? a. 3% b. 11.072% c. 11.30% d. 2.993%

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