Ten annual returns are listed in thefollowing table: (Click on the following icon in order tocopy its contents into a spreadsheet.)
−19.9%
16.6%
18.0%
−50.0%
43.3%
1.2%
−16.5%
45.6%
45.2%
−3.0%
a. What is the arithmetic average return over the 10-yearperiod?
b. What is the geometric average return over the 10-yearperiod?
c. If you invested $100 at the beginning, how muchwould you have at the end?
Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into
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answerhappygod
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