Mathematics, 14.07.2019 07:30 Luciano4411
Astock has produced returns of 11.9 percent, 5.6 percent, 16.4 percent, and -4.2 percent over the past four years, respectively. what is the geometric average return?
Answers: 1
![\displaystyle ((1+0.119)(1+0.056)(1+01.64)(1-0.042))^{\frac{1}{4}}-1=\sqrt[4]{1.317687706368}-1\\\\ \approx 7.14\%](/tpl/images/0087/8232/a35be.png)
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