The geometric average quarterly return of ROM Company was 5.0% for the previous year.What was the return for the third quarter if the returns for the first, second, and fourth quarters were 10.0%, -9.05%, and 8.0%, respectively?
A) -6.18%
B) -7.05%
C) 11.05%
D) 12.50%
Correct Answer:
Verified
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