Sharif's portfolio generated returns of 12%, 15%, -15%, 19% and -12% over 5 years. What was his average return over this period?
A) 19%
B) 3.8%
C) 17%
D) 2.1%

Name: Sharif's portfolio generated returns of 12%, 15%, -15%, 19% and -12% over 5 years. What was his average return over this period? A) 19% B) 3.8% C) 17% D) 2.1%
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Question

Quizplus · Accepted Answer

We need to find the average returns over the 5-year period. 
Average Return = (12% + 15% - 15% + 19% - 12%)/5 = 3.8% 
So, the correct answer is B.

Sharif's Portfolio Generated Returns of 12%, 15%, -15%, 19% and -12