how to solve this on excel with formulas given please
The data in the accompanying table represent the total rates of return (in percentages) for three stock exchanges over the four-year period from 2009 to 2012. Calculate the geometric mean rate of return for each of the three stock exchanges.
Year |
A |
B |
C |
|||
---|---|---|---|---|---|---|
2012 |
6.58 |
13.56 |
15.54 |
|||
2011 |
5.29 |
0.000 |
−1.85 |
|||
2010 |
12.00 |
12.57 |
16.47 |
|||
2009 |
18.79 |
23.37 |
43.59 |
Metal |
Geometric mean rate of return |
||
---|---|---|---|
Platinum |
15.36% |
||
Gold |
15.61% |
||
Silver |
24.92% |
a. Compute the geometric mean rate of return per year for the stock indices from 2009 through 2012.
-stock A
-Stock B
Stock C
stock A=10.54%
Stock B=12.06%
Stock C=17.35%
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