Value of Portfolio
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Question 1: You invested $10,000 eight years ago. The arithmetic average is 10.9% and the geometric average return is 10.5%. What is the value of your portfolio today?
Please show detailed step-by-step computations in how you were able to find this answer as I would like to use this example as a template to compute other problems of the same type.
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Please see the attached file:
Question 1
You invested $10,000 eight years ago. The arithmetic average is 10.9% and the geometric average return is 10.5%. What is the value of your portfolio today? Please show ...
Solution Summary
Calculates value of portfolio using geometric return.
$2.49