Short Answer
The rate of return for each of the past four years on a market fund are R1 = 2.4%, R2 = 1.0%, R3 = −3.2%, and R4 = .5%. Find the geometric mean rate of return.
Correct Answer:
Verified
.0015
Rg = ( 
) − 1
=...View Answer
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Correct Answer:
Verified
.0015
Rg = ( ) − 1
=...
Rg = (
) − 1=...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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