Multiple Choice
An initial investment of $25,000 forty years ago is worth $1,533,913 today. What is the geometric average return on this investment?
A) 9.47 percent
B) 10.84 percent
C) 11.23 percent
D) 11.47 percent
E) 12.08 percent
Correct Answer:
Verified
Correct Answer:
Verified
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