Question given the following investments returs, calculate the geometric mean return -3%, 2%, -5%, 2.7%,3.1%

【General guidance】The answer provided below has been developed in a clear step by step manner.Step1/2 The geometric mean return for the following investment rates can be computed by using the formula;\( \mathrm{{G}{M}{R}={\left({\left({1}+{r}_{{1}}\right)}{\left({1}+{r}_{{2}}\right)}{\left({\left({1}+{r}_{{3}}\right)}×..{\left({1}+{r}_{{n}}\right)}\right)}^{{\frac{{1}}{{n}}}}-{1}\right.}} \)Explanation Here , \( \mathrm{{r}=} \)rate of investments and \( \mathrm{{n}=} \)number of investments.Explanation:Please refer to solution in this step.Step2/2Hen ... See the full answer