You need to form an algebraic equation. 4.5+h=7.3 therefore h= 7.3 - 4.5 when you take 4.5 to the other side it becomes negative therefore the answer is 2.8.
<span>The geometric average return is the the nth root of the product of the stock returns.
So we have nâš r1 * r2 * r3. Where n is the number of returns.
So we have 4âš(14.5 * 4.8 * 10.2 * 6 1)
This gives us 4âš ( 4330.512)
The fourth root of 4330.512 is 8.1121 percent.</span>
Answer:
can you explain more please?
The correct answer is always.
Hope this helps =)
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