The past five monthly returns for Kohl's are 2.55 percent, -8.62 percent, -14.44 percent, -1.52 percent, and 4.75 percent. What is the average monthly return?
A) 2.21%
B) 1.21%
C) -3.46%
D) -6.17%

Question

Quizplus · Accepted Answer

The average monthly return is calculated by summing all the monthly returns and dividing by the number of months: (2.55 - 8.62 - 14.44 - 1.52 + 4.75) / 5 = -3.46%.

The Past Five Monthly Returns for Kohl's Are 2