Multiple Choice
The geometric average annual return for a large capitalization stock portfolio is 12% for ten years and 5% per year for the next five years.The geometric average annual return for the entire 15-year period is:
A) 9.95%
B) 9.62%
C) 9.11%
D) 10.23%
E) 10.97%
Correct Answer:
Verified
Correct Answer:
Verified
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