An asset had annual returns of 17,-35,-18,24,and 6 percent,respectively,over the past five years.What is the arithmetic average return?
A) -1.2 percent
B) 0.8 percent
C) 1.2 percent
D) 1.6 percent
E) 2.3 percent

Name: An asset had annual returns of 17,-35,-18,24,and 6 percent,respectively,over the past five years.What is the arithmetic average return? A) -1.2 percent B) 0.8 percent C) 1.2 percent D) 1.6 percent E) 2.3 percent
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Question

Quizplus · Accepted Answer

Average = (0.17 - 0.35 - 0.18 + 0.24 + 0.06) / 5 = -1.2 percent

An Asset Had Annual Returns of 17,-35,-18,24,and 6 Percent,respectively,over the Past