The past five monthly returns for PG&E are 12.14 percent, -11.37 percent, 3.77 percent, 6.47 percent, and 3.58 percent. What is the average monthly return?
A)2.92 percent
B)1.21 percent
C)(-3.46 percent)
D)3.17 percent

Question

Quizplus · Accepted Answer

The average monthly return is calculated by summing all the monthly returns and dividing by the number of months: (12.14 - 11.37 + 3.77 + 6.47 + 3.58) / 5 = 2.92 percent.

The Past Five Monthly Returns for PG&E Are 12