Sharif's portfolio generated returns of 10 percent, 9 percent, -2 percent, and 6 percent over four years. What was his average return over this period?
A)5.75 percent
B)6.75 percent
C)23 percent
D)27 percent

Question

Quizplus · Accepted Answer

The average return is calculated by summing the returns and dividing by the number of years: (10 + 9 - 2 + 6) / 4 = 5.75 percent.

Sharif's Portfolio Generated Returns of 10 Percent, 9 Percent, -2