News Focus
News Focus
icon url

jimapplesmith

02/24/06 11:25 AM

#21749 RE: wild_card #21733

suppose collumn C contains the returns for each year.
put =log10(1+C5) in collumn, say, N.
=10^(average(N5:N14)-1 computes the average compound return of those 10 years.

e.g., ndx96-05 correct return is 10.91% per year, not 19.69% as shown in the spreadsheet.