A stock had returns of 13 percent, 11 percent, 8 percent, 14 percent, −9 percent, and −5 percent over the past six years. What is the geometric average return for this time period?
A) 4.93 percent
B) 4.67 percent
C) 5.13 percent
D) 5.39 percent
E) 5.26 percent
Correct Answer:
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