A stock had returns of 12 percent, 16 percent, 13 percent, 19 percent, 15 percent, and -6 percent over the last six years. What is the geometric average return on the stock for this period?
A) 10.90 percent
B) 11.18 percent
C) 13.56 percent
D) 14.76 percent
E) 15.01 percent
Correct Answer:
Verified
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