Average return-what is the average monthly return
Financial Management
1. Average Return The past five monthly returns for PG Company are 3.65 percent, -.55 percent, 5.05 percent, 7.19 percent, and 4.74 percent. What is the average monthly return?
4.016%
1.719%
4.126%
1.673%
2. Average Return The past five monthly returns for K and Company are 5.25 percent, 5.42 percent, -1.15 percent, -.25 percent, and 10.00 percent. What is the average monthly return?
1.648%
3.954%
3.854%
1.606%
