Essay
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 = 0.5%.Find the geometric mean rate of return.
Correct Answer:

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.0015
Rg = (4√(1.024)(...View Answer
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Correct Answer:
Verified
.0015
Rg = (4√(1.024)(...
Rg = (4√(1.024)(...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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