Question: Supposed a mutual fund earned 8% over the first year and -4% over the second year. The arithmetic average one-year return for this fund is

 Supposed a mutual fund earned 8% over the first year and

Supposed a mutual fund earned 8% over the first year and -4% over the second year. The arithmetic average one-year return for this fund is %; %. (round one and the geometric average one-year return is number after the decimal) A. 2, 1.82 O B.2, 1 OC. 2.5,3 OD.2.5, 2.3

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!