Question: Portfolio A returns over the previous 5 years were -4.5%, 8.7%, -0.9%, 15.4% and 7.8% What was the portfolio’s compounded annual growth rate?

Shreyans Malani: 5.057%

Chinmay Sangoram: About 5 – 5.5%

David Geof: no one has right answer yet – hint use geometric mean

Lawrence Tedeschi: That is the right formula, and all the numbers are correct..

David Geof: Ignore my previous comment – Shreyans got it right first. Bonus internet points for you and slap on wrist for me for doing calculations over lunchtime beers 😉

Khetran Hashmat Khan: 5.04%