What Are the Arithmetic and Geometric Average Returns (Answer in That

Multiple Choice

What are the arithmetic and geometric average returns (Answer in that order.) for a stock with annual returns of 4 percent,9 percent,−6 percent,and 18 percent?

A) 5.89 percent; 6.25 percent
B) 6.25 percent; 5.89 percent
C) 6.25 percent; 8.33 percent
D) 8.33 percent; 5.89 percent
E) 8.33 percent; 8.33 percent