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?