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For the Two Questions Below, Consider the Following Period-By-Period Total

Question 23

Multiple Choice

For the two questions below, consider the following period-by-period total returns:
Year 1: 5.00%
Year 2: 15.00%
Year 3: 25.00%
-What is the arithmetic average total return per year for the Years 1-3 period?


A) 5.00%
B) 14.71%
C) 15.00%
D) 15.23%
E) 45.00%

Correct Answer:

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