Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) 19.9% 18.0% 43.3% 1.2% -16.5% 45.6% " 45.2% -50.0% 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? 16.6% a. What is the arithmetic average return over the 10-year period? The arithmetic average return over the 10-year period is%. (Round to two decimal places.) -3.0%

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 1IEE
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Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.)
18.0%
- 50.0%
1.2%
16.5%
45.6%
45.2%
- 19.9%
16.6%
43.3%
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?
BEER
a. What is the arithmetic average return over the 10-year period?
The arithmetic average return over the 10-year period is%. (Round to two decimal places.)
Points: 0.33 of 1
-3.0%
Transcribed Image Text:Ten annual returns are listed in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) 18.0% - 50.0% 1.2% 16.5% 45.6% 45.2% - 19.9% 16.6% 43.3% 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? BEER a. What is the arithmetic average return over the 10-year period? The arithmetic average return over the 10-year period is%. (Round to two decimal places.) Points: 0.33 of 1 -3.0%
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