Multiple Choice
The geometric average quarterly return of ROM Company was 5 percent for the previous year.What was the return for the third quarter if the returns for the first,second,and fourth quarters were 10 percent,-9.05 percent,and 8 percent,respectively?
A) -6.18%
B) -7.05%
C) 11.05%
D) 12.50%
Correct Answer:
Verified
Correct Answer:
Verified
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