The Beginning Share Price for a Security Over a Three-Year

question 2

Multiple Choice

The beginning share price for a security over a three-year period was $50. Subsequent year-end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock were

• A) 9.30% and 8.78%, respectively.
• B) 9.30% and 7.89%, respectively.
• C) 9.30% and 7.03%, respectively.
• D) 9.30% and 6.37%, respectively.

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Economics

The study of the production, distribution, and consumption of goods and services, and the study of money.

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Academic disciplines that study societies and human relationships through methodologies like anthropology, psychology, and sociology.

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