Multiple Choice
The common stock of Mountain Farms has yielded 14.2 percent, 11.7 percent, 3.4 percent, -2.8 percent, and 15.8 percent over the past five years, respectively.What is the geometric average return?
A) 7.91 percent
B) 8.03 percent
C) 8.22 percent
D) 8.27 percent
E) 7.64 percent
Correct Answer:
Verified
Correct Answer:
Verified
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