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