Over the Past Five Years,an Investment Produced Annual Returns of 16.5,21,-18,4,and

question 27

Multiple Choice

Over the past five years,an investment produced annual returns of 16.5,21,-18,4,and 17 percent,respectively.What is the geometric average return?

• A) 6.42 percent
• B) 7.06 percent
• C) 8.00 percent
• D) 15.60 percent
• E) 16.00 percent

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