The following data is provided for a market 500 Index:                                                                                                                                                                             Year     Total return     Year     Total return                                          2010    9.0%                2020    2.0%                                         2011    11.0%             2021    3.0%                                         2012    -3.0%               2022    3.0%                                         2013   ...

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Finance

The following data is provided for a market 500Index:                                                               
                                                                                    
                       Year     Total return    Year     Totalreturn                 
                       2010    9.0%              2020   2.0%                
                       2011    11.0%           2021   3.0%                
                       2012    -3.0%             2022   3.0%                
                       2013    1.0%              2023   -1.0%               
                       2014    5.0%              2024   5.0%                
                       2015    -12.0%           2025   4.0%                
                       2016    3.0%              2026   -3.0%               
                       2017    4.9%              2027   3.5%                
                       2018    -7.0%             2028   7.0%                
                       2019    0.1%              2029   5.8%                
                                                                                    
Calculate the 20-year arithmetic average annual rate of return onthe market Index.

A) 2.07%

B) 0.10%

C) 2.59%

D)5.62%                                                          

Answer & Explanation Solved by verified expert
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WE HAVE TO ADD ALL 20 YEARS RETURN    See Answer
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