Question

Average Return The past five monthly returns for K and Company are 5.65 percent, 5.53 percent,...

Average Return The past five monthly returns for K and Company are 5.65 percent, 5.53 percent, -.65 percent, 4.65 percent, and 8.65 percent. What is the average monthly return?

Multiple Choice

  • 2.094 percent

  • 1.986 percent

  • 4.766 percent

  • 5.026 percent

0 0
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Answer #1

average monthly return=Total return/Total time period

=(5.65+5.53-0.65+4.65+8.65)/5

which is equal to

=4.766 percent

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