b) What do you understand by CAGR? A firm invested Rupees 10000 in a portfolio
with the returns as follows
From January 1, 2015 to January 1, 2016, the portfolio grew by Rs. 12500 (which is
25% according to CAGR); On January 1" 2017 the portfolio was Rs. 13500 (CAGR
from January 2016 is 8%); On January 1" 2018 the portfolio ended with Rs. 19000
(CAGR from January 2017 to January 2018 is 40.74%).
Calculate the CAGR from January 2015 to January 2018?
Compare and analyse the above given results with your calculated answer
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