Question: Please show me steps on how to do this Ten annual returns are listed in the following table: -19.9% 16.6% 18.0% -50.0% 43.3% 1.2% -16.5%
Please show me steps on how to do this
| Ten annual returns are listed in the following table: | |||||||||
| -19.9% | 16.6% | 18.0% | -50.0% | 43.3% | 1.2% | -16.5% | 45.6% | 45.2% | -3.0% |
| a. What is the arithmetric average return over the 10-year period? | |||||||||
| b. What is the geometric average return over the 10-year period? | |||||||||
| c. If you invested $100 at the beginning, how much would you have at the end? | |||||||||
| a. | Arithmetric Average: | ||||||||
| b. | Geometric Average: | ||||||||
| c. | Final Value of $100 | ||||||||
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
