Question: You earn 1 0 % ( R 1 ) in year 1 . - 5 % ( R 2 ) in year 2 and 2
You earn in year in year and in year
a What is your arithmetic average return?
b What is your geometric average return?
c What is your IRR if you invested $ at the beginning year $ at the beginning of year and $ at the beginning of year
Please answer a b c
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