You are an active investor in the securities market and you have established an investmentportfolio of two stock A and B five years ago. If your portfolio has provided you with returns of 9.7%, -6.2%, 12.1%, 11.5% and 13.3%over the past five years, respectively. Calculate the geometric average return of theportfolio for this period?
You are an active investor in the securities market and you have established an investmentportfolio of two stock A and B five years ago. If your portfolio has provided you with returns of 9.7%, -6.2%, 12.1%, 11.5% and 13.3%over the past five years, respectively. Calculate the geometric average return of theportfolio for this period?
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 1P
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You are an active investor in the securities market and you have established an investment
portfolio of two stock A and B five years ago.
If your portfolio has provided you with returns of 9.7%, -6.2%, 12.1%, 11.5% and 13.3%
over the past five years, respectively. Calculate the geometric average return of the
portfolio for this period?
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