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, add all the monthly returns and divide by the number of months. (1.25 - 1.50 + 4.25 + 3.75 + 1.98) / 5 = 1.946 percent.

The Past Five Monthly Returns for PG Company Are 1