The past five monthly returns for Kohls are 3.80 percent, 4.27 percent, -1.94 percent, 9.38 percent, and -2.82 percent. What is the average monthly return? Note: Round your answer to 3 decimal places. Average return %

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The past five monthly returns for Kohls are 3.80 percent, 4.27 percent, -1.94 percent, 9.38 percent, and -2.82 percent. What is the
average monthly return?
Note: Round your answer to 3 decimal places.
Average return
I%
Transcribed Image Text:The past five monthly returns for Kohls are 3.80 percent, 4.27 percent, -1.94 percent, 9.38 percent, and -2.82 percent. What is the average monthly return? Note: Round your answer to 3 decimal places. Average return I%
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