Table 3 Year TR 2019 10.25% 2020 48.31% 2021 -9.07% Given the total return series in Table 3, calculate the geometric return. 14.13% None of the answers is correct 11.79% 9.03% 10.62%

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
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Table 3
Year
TR
2019
10.25%
2020 48.31%
2021 -9.07%
Given the total return series in Table 3, calculate the geometric return.
14.13%
None of the answers is correct
11.79%
9.03%
10.62%
Transcribed Image Text:Table 3 Year TR 2019 10.25% 2020 48.31% 2021 -9.07% Given the total return series in Table 3, calculate the geometric return. 14.13% None of the answers is correct 11.79% 9.03% 10.62%
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