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Question: The file Indices contains the total rate

The file Indices contains the total rate of return percentage for the Dow Jones Industrial Average (DJIA), the Standard & Poor’s 500 (S&P 500), and the technology-heavy NASDAQ Composite (NASDAQ) from 2013 through 2016. These data are:
The file Indices contains the total rate of return percentage for the Dow Jones Industrial Average (DJIA), the Standard & Poor’s 500 (S&P 500), and the technology-heavy NASDAQ Composite (NASDAQ) from 2013 through 2016. These data are:


a. Compute the geometric mean rate of return per year for the DJIA, S&P 500, and NASDAQ from 2013 through 2016.
b. What conclusions can you reach concerning the geometric mean rates of return per year of the three market indices?
c. Compare the results of (b) to those of Problem 3.22 (b).

a. Compute the geometric mean rate of return per year for the DJIA, S&P 500, and NASDAQ from 2013 through 2016. b. What conclusions can you reach concerning the geometric mean rates of return per year of the three market indices? c. Compare the results of (b) to those of Problem 3.22 (b).

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