In: Finance
What is the geometric average return of the following quarterly returns: 5%, 3%, 2%, and 7%?
Enter answer in percents, to two decimal places.
Ans 3.81%
the geometric average return of the following quarterly returns: 5%, 3%, 2%, and 7% is 3.81%
Geometric Mean = | ( 5* 3 * 2 * 7)^1/4 |
( 5* 3 * 2 * 7)^0.25 | |
3.81 |