Multiple Choice
A stock had returns of 7 percent,7 percent,7 percent,and 7 percent annually over the past 4 years.What is the geometric average return for this time period?
A) 6.875%
B) 7%
C) 6.929%
D) 9.998%
E) 9.441%
Correct Answer:
Verified
Correct Answer:
Verified
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