Exhibit 5.4
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c }
\text { Year } & \text { \% Price Chinge for stark Index } \
\hline 2000 & 8.0 \% \
2001 & 10.0 \% \
2002 & - 14.0 \% \
2003 & 20.0 \% \
2004 & - 10.0 \%
\end{array}$$
-Refer to Exhibit 5.4.Calculate the average annual rate of change for this index for the 5 year period using the geometric mean.
A) 0.09%
B) 1.99%
C) 3.99%
D) 4.50%
E) 4.67%

Question

Exhibit 5.4
Use the Information Below for the Following Problem(S)
 $$\begin{array} { c c } 
\text { Year } & \text { \% Price Chinge for stark Index } \
\hline 2000 & 8.0 \% \
2001 & 10.0 \% \
2002 & - 14.0 \% \
2003 & 20.0 \% \
2004 & - 10.0 \%
\end{array}$$
-Refer to Exhibit 5.4.Calculate the average annual rate of change for this index for the 5 year period using the geometric mean.
A) 0.09%
B) 1.99%
C) 3.99%
D) 4.50%
E) 4.67%

Quizplus · Accepted Answer

The Geometric Average is: [(1.08)(1.10)(.86)(1.20)(.9)]¹/? - 1 = 1.99%

Exhibit 54 Use the Information Below for the Following Problem(S)

Exhibit 54
Use the Information Below for the Following Problem(S)