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The past five monthly returns for Kohl's are 5.55 percent, 8.62 percent, −4.44 percent, −1.52 percent,...

The past five monthly returns for Kohl's are 5.55 percent, 8.62 percent, −4.44 percent, −1.52 percent, and 9.75 percent. What is the average monthly return?

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Answer #1

average monthly return=total return/total time period

=(5.55+8.62-4.44-1.52+9.75)/5

which is equal to

=3.592%

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