The arithmetic average return on your portfolio for the past 5 years is 9.3 percent. You earned -7.4 percent, 17.1 percent. 6.3 percent, and 11.8 percent for 4 of those 5 years. What rate of return did you earn in the fifth year? O 16.0 % 13.2 % O 17.5% O 18.7% O 19.6%

The arithmetic average return on your portfolio for the past 5 years is 9.3 percent. You earned -7.4 percent, 17.1 percent. 6.3 percent, and 11.8 percent for 4 of those 5 years. What rate of return did you earn in the fifth year? O 16.0 % 13.2 % O 17.5% O 18.7% O 19.6%

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

The arithmetic average return on your portfolio for the past 5 years is 9.3 percent. You earned -7.4
percent, 17.1 percent. 6.3 percent, and 11.8 percent for 4 of those 5 years. What rate of return did
you earn in the fifth year?
16.0%
13.2%
O 17.5%
18.7%
19.6%

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