The JCI Index showed the following Rs for a 6-year period: 11.1%, -5.2%, 20.3%, 26.7%, -12.4%, and 2,2%. (a) Calculate the arithmetic mean return for the 6-year period. (b) Calculate the geometric mean return for the 6-year period.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
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The JCI Index showed the following Rs for a 6-year period: 11.1%, -5.2%, 20.3%, 26.7%, -12.4%, and 2,2%. (a) Calculate the arithmetic mean return for the 6-year period. (b) Calculate the geometric mean return for the 6-year period.
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