Consider the following data. Period Rate of Return (%) 1 -...
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Finance
Consider the following data.
| Period | Rate of Return (%) | ||
|---|---|---|---|
| 1 | - 6.2 | ||
| 2 | - 8.0 | ||
| 3 | - 3.8 | ||
| 4 | 2.2 | ||
| 5 | 5.4 | ||
What is the mean growth rate over these five periods (to 2 decimals)? Enter negative value as negative figure.
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