The common stock of Hillshire Farms has yielded 16.3 percent,7.2 percent,11.8 percent,-3.6 percent,and 9.7 percent over the past five years,respectively.What is the geometric average return?
A) 7.91 percent
B) 8.03 percent
C) 8.07 percent
D) 8.27 percent
E) 9.64 percent
Correct Answer:
Verified
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