Q3. Consider the following data. Period Rate of Return (%) 1 -6.0 2 -8.0 3 -4.0 4 2.0 5 5.4 What is the mean growth rate over these five periods?

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Q3. Consider the following data.

Period                                                              Rate of Return (%)

                                    1                                                                         -6.0

                                    2                                                                         -8.0

                                    3                                                                         -4.0

                                    4                                                                          2.0

                                 5                                                                   5.4

What is the mean growth rate over these five periods?

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