Question: Your friend, Anna, needs your help finding the average for a set of portfolio returns. They have calculated the returns (in %) as : month

Your friend, Anna, needs your help finding the average for a set of portfolio returns. They have calculated the returns (in %) as : month return 1 -12.67 2 36.46 3 19.68 4 15.24 5 10.12 What is the GEOMETRIC mean of these returns?

Select one:

a.

insufficient information to determine

b.

13.18%

c.

12.60%

d.

15.36%

e.

13.77%

f.

80.99%

g.

16.96%

Clear my choice

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!