The past five monthly returns for PG Company are 1.25 percent, -1.50 percent, 4.25 percent, 3.75 percent, and 1.98 percent. What is the average monthly return?
A)1.946 percent
B)2.546 percent
C)9.73 percent
D)12.73 percent

Question

Quizplus · Accepted Answer

To find the average monthly return, we add up the five monthly returns and divide by the number of returns:
(1.25 + 1.50 + 4.25 + 3.75 + 1.98) / 5 = 2.546
So the average monthly return is 2.546 percent. The best choice is therefore A.

The Past Five Monthly Returns for PG Company Are 1