The s& p 500 index delivered a return of 25%, 15%, -35%, and -5% over four successive years.
what is the arithmetic average annual return for four years?
a) -5%
b) 0%
c) 5%
d) 3%

arithmetic average annual return is 0

correct option is B) 0%

Explanation:

given data

return r1 = 25%

return r2 = 15%

return r3 = -35%

return r4 =  -5%

to find out

What is the arithmetic average annual return for four years

solution

we know that arithmetic average annual return is express as

    .........................1

here is arithmetic mean and ∑x is sum of return and N is number of observation i.e 4

so put here value in equation 1 we get

= 0

so arithmetic average annual return is 0

correct option is B) 0%

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.