Question

The past five monthly returns for Kohls are 3.86 percent, 4.42 percent, -2.00 percent, 9.41 percent,...

The past five monthly returns for Kohls are 3.86 percent, 4.42 percent, -2.00 percent, 9.41 percent, and -2.88 percent. What is the average monthly return? (Round your answer to 3 decimal places.)
0 0
Add a comment Improve this question Transcribed image text
Answer #1

The average monthly return is:

0.0386 + 0.0442 – 0.02 +0.0941 – 0.0288 Average return=

0.1281 Average return =

Average return = 0.02562

Average monthly return is 2.562%.

Add a comment
Know the answer?
Add Answer to:
The past five monthly returns for Kohls are 3.86 percent, 4.42 percent, -2.00 percent, 9.41 percent,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT