An investor bought stock in a company for 10000 five years


An investor bought stock in a company for $10,000. Five years later, the investment (including reinvested dividends) was worth $8,000. The investor's geometric average return was:

a. -3.88%; b. -4.0%; c. -4.37%; d. -20%

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Financial Management: An investor bought stock in a company for 10000 five years
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