Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Return IWM 0.0856 0.1807 0.1091 -0.0973 -0.3635 0.3693 0.3135 0.0278 0.1572 0.2693 0.0449 -0.0971 0.3337 0.1718 -0.0353 0.0914 EEM IWM EEM 1000 1000 0.2104 1085.557 1210.449 0.5226 1281.755 1843.073 0.1503 1421.65 2120.078 0.2130 1283.257 2571.657 -0.4909 816.8227 1309.335 0.7181 1118.465 2249.542 0.2147 1469.098 2732.568 -0.0627 1509.992 2561.299 0.0695 1747.289 2739.211 -0.1171 2217.855 2418.424 0.0446 2317.499 2526.353 -0.1984 2092.388 2025.06 0.2451 2790.704 2521.467 0.3938 3270.243 3514.343 -0.1371 3154.923 3032.49 0.0055 3443.361 3049.196
Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Return IWM 0.0856 0.1807 0.1091 -0.0973 -0.3635 0.3693 0.3135 0.0278 0.1572 0.2693 0.0449 -0.0971 0.3337 0.1718 -0.0353 0.0914 EEM IWM EEM 1000 1000 0.2104 1085.557 1210.449 0.5226 1281.755 1843.073 0.1503 1421.65 2120.078 0.2130 1283.257 2571.657 -0.4909 816.8227 1309.335 0.7181 1118.465 2249.542 0.2147 1469.098 2732.568 -0.0627 1509.992 2561.299 0.0695 1747.289 2739.211 -0.1171 2217.855 2418.424 0.0446 2317.499 2526.353 -0.1984 2092.388 2025.06 0.2451 2790.704 2521.467 0.3938 3270.243 3514.343 -0.1371 3154.923 3032.49 0.0055 3443.361 3049.196
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
Related questions
Question
To 4-digit accuracy, what is the Mean of IWM return and the Mean of EEM return?
Transcribed Image Text:Year
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Return
IWM
EEM
0.0856
0.1807
0.1091
IWM
EEM
1000
1000
-0.0973
-0.3635
0.3693
0.3135
0.2104 1085.557 1210.449
0.5226 1281.755 1843.073
0.1503 1421.65 2120.078
0.2130 1283.257 2571.657
-0.4909 816.8227 1309.335
0.7181 1118.465 2249.542
0.2147 1469.098 2732.568
-0.0627 1509.992 2561.299
0.0695 1747.289 2739.211
-0.1171 2217.855 2418.424
0.0446 2317.499 2526.353
-0.1984 2092.388 2025.06
0.2451 2790.704 2521.467
0.0278
0.1572
0.2693
0.0449
-0.0971
0.3337
0.1718
0.3938 3270.243 3514.343
-0.0353 -0.1371 3154.923 3032.49
0.0914
0.0055 3443.361 3049.196
Expert Solution
Step 1
From the closing value of IWM and EEM, over years, we have to find the average annual return for IWM and EEW. You have already calculated the annual return over years for both of them. The only thing that's left to be done is to take the average.
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