The Rate of Return for the S&P 500 Over a Four-Year

question 32

Short Answer

The rate of return for the S&P 500 over a four-year period is -0.029,-0.061,-0.493,and- 0.286.The geometric mean rate of return per year is_____ .

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Definitions:

Current Year

The present calendar or fiscal year in which a business is operating or reporting financial activities.

Vacation Cost

Expenses incurred by an individual or family during a vacation or by companies for employees' vacation benefits.

Quick Ratio

A liquidity metric that measures a company’s ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Accounts Receivable

Unsettled customer debts for goods and services a company has delivered but has not received payment for.