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. Calculate your average return over the 4-year period.

. Calculate your average return over the 4-year period.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Your portfolio had the values in the table below for the four years listed. There were no withdrawals or contributions of new funds to the portfolio. Calculate your average return over the 4-year period. (Click on the icon here to copy its contents of the data table below into a spreadsheet.) | Year | Beginning Value | Ending Value | |------|-----------------|--------------| | 2016 | $60,827 | $55,697 | | 2017 | $55,697 | $64,666 | | 2018 | $64,666 | $68,386 | | 2019 | $68,386 | $70,124 | **Click the icon to see the Worked Solution.** - The return for 2016 is __________%. (Round to one decimal place.) - The return for 2017 is __________%. (Round to one decimal place.) - The return for 2018 is __________%. (Round to one decimal place.) - The return for 2019 is __________%. (Round to one decimal place.) - The average return is __________%. (Round to one decimal place.)
Transcribed Image Text:Your portfolio had the values in the table below for the four years listed. There were no withdrawals or contributions of new funds to the portfolio. Calculate your average return over the 4-year period. (Click on the icon here to copy its contents of the data table below into a spreadsheet.) | Year | Beginning Value | Ending Value | |------|-----------------|--------------| | 2016 | $60,827 | $55,697 | | 2017 | $55,697 | $64,666 | | 2018 | $64,666 | $68,386 | | 2019 | $68,386 | $70,124 | **Click the icon to see the Worked Solution.** - The return for 2016 is __________%. (Round to one decimal place.) - The return for 2017 is __________%. (Round to one decimal place.) - The return for 2018 is __________%. (Round to one decimal place.) - The return for 2019 is __________%. (Round to one decimal place.) - The average return is __________%. (Round to one decimal place.)
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