What Is the Geometric Average Return Over One Year If

question 72

Multiple Choice

What is the geometric average return over one year if the quarterly returns are 8%,9%,5%,and 12%,respectively?

• A) 8.00%
• B) 8.33 %
• C) 8.47%
• D) 8.50 %

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Definitions:

Shipbuilding Technology

The development and application of methods, tools, and materials for constructing ships, improving efficiency, durability, and navigability.

Monopoly

The exclusive control by one company over an entire industry or sector, eliminating competition.

Great Lakes

A group of five large, interconnected freshwater lakes located on the border between the United States and Canada, significant for their natural resources and as a transportation route.