Answered: 14. What is the geometric return of a…

14. What is the geometric return of a fund for the last 6 years with the following returns? 17% 2009 -4% 12% 2008 2% 2011 2010 A) B) D) 5.24% 6.73% 7.74% 8.21% 9.14% 2007 2006 15% 6%

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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Question

14. What is the geometric return of a fund for the last 6 years with the following returns?
17%
2009
-4%
12%
2008
2011
2010
A)
B)
C)
D)
2%
5.24%
6.73%
7.74%
8.21%
9.14%
2007
2006
15%
6%

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