A Stock Had Returns of 8%, 11%, -2%, 5%, and 13

question 144

Multiple Choice

A stock had returns of 8%, 11%, -2%, 5%, and 13% over the past 5 years, respectively. What is the geometric average rate of return for this time period?

• A) 6.73%
• B) 6.87%
• C) 7.13%
• D) 7.42%
• E) 7.89%

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