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  3. b and c ten annual returns are listed in the.

b and c Ten annual returns are listed in the...

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Finance

b and c
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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.) 19.7% 16.8% 18.4% - 49.6% 43.2% 1.4% - 16.1% 45.7% 44.7% -3.6% 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? a What is the arithmetic average return over the 10-year period? The arithmetic average return over the 10-year period is 8.1%. (Round to two decimal places.) b. What is the geometric average return over the 10-year period? To find the geometric average return, use the following formulas. First find the future value of investing $1 today, using the following formula: FV=$1x ((1+R4) *(1+ Rx) * (**R7)) Then use the following formula and solve for R FV=51x11 + R) 10 The geometric average return, R. over the 10-year period is %. (Round to four decimal places. X

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