Multiple Choice
Over the past five years, an investment produced annual returns of 17, 22, -19, 3, and 15 percent, respectively. What is the geometric average return?
A) 5.42 percent
B) 6.49 percent
C) 8.00 percent
D) 15.60 percent
E) 16.00 percent
Correct Answer:
Verified
Correct Answer:
Verified
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