Average Return The past five monthly returns for PG Company are 3.25 percent, -1.45 percent, 4.35 percent, 6.49 percent, and 3.75 percent. What is the average monthly return?
A) 1.366%
B) 1.608%
C) 3.278%
D) 3.858%

Question

Quizplus · Accepted Answer

To find the average monthly return, we need to add up all the monthly returns and divide the sum by the number of months:

(3.25% + (-1.45%) + 4.35% + 6.49% + 3.75%) / 5 = 3.278%

Therefore, the average monthly return for PG Company over the past five months is 3.278%. Option C) is the correct answer.

Average Return the Past Five Monthly Returns for PG Company