Destiny Corporation Has Experienced Returns of 9%, 18%, 27% and -15

question 173

Multiple Choice

Destiny Corporation has experienced returns of 9%, 18%, 27% and -15% returns over the past four years. Given this information, calculate the company's geometric average returns.

• A) 6.75%
• B) 8.55%
• C) 10.35%
• D) 12.15%
• E) 14.05%

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Definitions:

Intelligence

The capacity for learning, understanding, problem-solving, and adapting to new situations, often measured through various cognitive tests.

Thinking

The mental process involved in reasoning, problem-solving, and the creation of ideas.

Reliable

The consistency of a measure or instrument, indicating the same results are achieved under consistent conditions.

Standardized

Made consistent in form, procedure, or conditions, often for the purpose of comparison or assessment.