Question: Your portfolio had the values in the table below for the four years listed. There were no withdrawals or contributions of new funds to the

 Your portfolio had the values in the table below for thefour years listed. There were no withdrawals or contributions of new funds

Your portfolio had the values in the table below for the four years listed. There were no withdrawals or contributions of new funds to the portfolio. Calculate your average return over the 4-year period. (Click on the icon here e in order to copy its contents of the data table below into a spreadsheet.) 2016 2017 2018 2019 Beginning Value $59,894 55,462 64,393 67,770 Ending Value $55,462 64,393 67,770 70,610 The return for 2016 is %. (Round to one decimal place.) The return for 2016 is 8.4%. (Round to one decimal place.) The return for 2017 is 18.0 %. (Round to one decimal place.) The return for 2018 is 7.3%. (Round to one decimal place.) The return for 2019 is 2.7%. (Round to one decimal place.) The average return is%. (Round to one decimal place.)

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!