The Geometric Average Quarterly Return of ROM Company Was 5

question 31

Multiple Choice

The geometric average quarterly return of ROM Company was 5 percent for the previous year.What was the return for the third quarter if the returns for the first,second,and fourth quarters were 10 percent,-9.05 percent,and 8 percent,respectively?

• A) -6.18%
• B) -7.05%
• C) 11.05%
• D) 12.50%

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