Multiple Choice
GLM stock provided annual returns of 9.9 percent,8.2 percent,−6.7 percent,4.5 percent,and 7.1 percent over the last 5 years.What is the geometric average rate of return?
A) 6.03%
B) 4.42%
C) 6.69%
D) 5.48%
E) 5.56%
Correct Answer:
Verified
Correct Answer:
Verified
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