Multiple Choice
Suppose that a stock gave a realized return of 20% over a two-year time period and a 10% return over the third year.The geometric average annual return is:
A) 9.70%
B) 11.20%
C) 14.96%
D) 15.00%
E) 16.55%
Correct Answer:

Verified
Correct Answer:
Verified
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