Foxy Ladies Investment Club
The Foxy Ladies Investment Club purchased 100 shares of common stock each in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below:

-Refer to Foxy Ladies Investment Club.What was the portfolio's geometric average return per year from 2010 through 2012?
A) 20.0%
B) 21.8%
C) 68.3%
D) 18.9%
E) Not enough information is given to compute the geometric average return.

Question

Foxy Ladies Investment Club
The Foxy Ladies Investment Club purchased 100 shares of common stock each in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below:

-Refer to Foxy Ladies Investment Club.What was the portfolio's geometric average return per year from 2010 through 2012?
A) 20.0% 
B) 21.8% 
C) 68.3% 
D) 18.9% 
E) Not enough information is given to compute the geometric average return.

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The Answer of Foxy Ladies Investment Club
The Foxy Ladies Investment Club purchased 100 shares of common stock each in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below:

-Refer to Foxy Ladies Investment Club.What was the portfolio's geometric average return per year from 2010 through 2012?
A) 20.0% 
B) 21.8% 
C) 68.3% 
D) 18.9% 
E) Not enough information is given to compute the geometric average return.