A stock has had returns of 11 percent,-8 percent,6 percent,21 percent,24 percent,and 16 percent over the last six years,respectively.What is the geometric return for this stock?
A) 10.82 percent
B) 11.13 percent
C) 11.31 percent
D) 11.42 percent
E) 11.47 percent
Correct Answer:
Verified
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