Question: Calculate the geometric average return for S&P500 large-cap stocks for five-year period using the numbers given here. If you start with a $1 investment what
Calculate the geometric average return for S&P500 large-cap stocks for five-year period using the numbers given here. If you start with a $1 investment what your investment is worth after five years?
13.75% for 1st year; 35.70% for 2nd year; 45.08% for 3rd year; -8.88% for 4th year; -25.13% for 5th year.
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