In: Finance
Ten annual returns are listed in the following table:
negative 19.3−19.3% |
16.916.9% |
17.917.9% |
negative 49.6−49.6% |
43.843.8% |
1.91.9% |
negative 16.5−16.5% |
45.945.9% |
44.744.7% |
negative 3.7−3.7% |
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?
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