Ten annual returns are listed in the following? table:
|
-19.3?%,
|
16.5?%,
|
17.6?%,
|
-49.2?%,
|
43.2?%,
|
1.4?%,
|
-16.1?%,
|
45.9?%,
|
44.7?%,
|
-3.3?%
|
a. What is the arithmetic average return over the 10-year period?
b. What is the geometric average return over the 10-year period?
c. If you invested $100 at the beginning, how much would you have at the end?