Your portfolio has provided you with returns of 8.6 percent, 14.2 percent, -3.7 percent, and 12.0 percent over the past four years, respectively. What is the geometric average return for this period? 7.78% 5.99% 7.54%

Essentials of Business Analytics (MindTap Course List)
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ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
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Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 16P: The following table reports the percentage of stocks in a portfolio for nine quarters: a. Construct...
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Your portfolio has provided you with returns of 8.6 percent, 14.2 percent, -3.7 percent,
and 12.0 percent over the past four years, respectively. What is the geometric average
return for this period?
7.78%
5.99%
7.54%
Transcribed Image Text:Your portfolio has provided you with returns of 8.6 percent, 14.2 percent, -3.7 percent, and 12.0 percent over the past four years, respectively. What is the geometric average return for this period? 7.78% 5.99% 7.54%
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