Question: You had 35.23% return in 2008, 18.67% return in 2009, -9.87% return in 2010, and 13.45% return in 2011. What was the annualized (geometric) average

You had 35.23% return in 2008, 18.67% return in 2009, -9.87% return in 2010, and 13.45% return in 2011. What was the annualized (geometric) average return on this investment? O 16.15% 0 14.37% O 21.32% O 13.18%
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
