In: Finance
Ten annual returns are listed in the following table:
| 
 −19.1%  | 
 16.2%  | 
 17.9%  | 
 −49.4%  | 
 43.4%  | 
 1.1%  | 
 −16.2%  | 
 46.1%  | 
 45.3%  | 
 −3.1%  | 
a. What is the arithmetic average return over the 10-year period?
b. What is the geometric average return over the 10-year period?
c. If you invested $100 at the beginning, how much would you have at the end?