Use the Information Below for the Following Problem(S)

question 6

Multiple Choice

Use the Information Below for the Following Problem(S)
The annual rates of return of Stock Z for the last four years are 0.10, 0.15, -0.05, and 0.20, respectively.
-Refer to Exhibit 1.10.Compute the geometric mean rate of return for Stock Z.

• A) 0.051
• B) 0.074
• C) 0.096
• D) 0.150
• E) 1.090