Multiple Choice
Black Stone Mines stock returned 8, 16, -8, and 12 percent over the past four years, respectively. What is the geometric average return?
A) 6.59 percent
B) 7.36 percent
C) 7.75 percent
D) 9.94 percent
E) 10.33 percent
Correct Answer:
Verified
Correct Answer:
Verified
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