CUET · MATHS · PYQ PAPER 2025
Which of the following is not correct about the Compound Annual Growth Rate (CAGR)?
- A It can be used to demonstrate and compare the performance of investment advisors.
- B It can be used to compare the historical returns of stocks with bonds or with a savings account.
- C It can be used to track the performance of various business measures of one or multiple companies alongside one another.
- D It is calculated by taking the arithmetic mean of series of returns.
Answer & Solution
Correct Answer
(D) It is calculated by taking the arithmetic mean of series of returns.
Step-by-step Solution
Detailed explanation
It is calculated by taking the arithmetic mean of series of returns.
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