Ten annual returns are listed in the followingtable: 19.9% 16.5% 17.6% 49.9% 43.6% 1.2% 16.9% 46.1% 44.8%
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Question:
Ten annual returns are listed in the followingtable:
19.9%
16.5%
17.6%
49.9%
43.6%
1.2%
16.9%
46.1%
44.8%
3.6%
a. What is the arithmetic average return over the10-year period?
b. What is the geometric average return over the10-year period?
c. If you invested$100 at thebeginning, how much would you have at theend?
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