Question

An investment yielded -19% return in October, -14% return in November and -2% return in December....

An investment yielded -19% return in October, -14% return in November and -2% return in December. What was the average monthly realized yield on the investment in last quarter of the year? (Provide your answer in % omitting the % sign)

rbh=(1+r1)*(1+r2)*...*(1+rn)-1

ravg=(1+rbh)1/n-1

Please show work!

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