A stock has annual returns of 13 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithmetic average of these returns is _____ percent while the geometric average return for the period is _____ percent.
|
a. |
3.89; 3.62 |
|
b. |
3.62; 3.89 |
|
c. |
4.60; 3.89 |
|
d. |
3.89; 4.60 |
|
e. |
4.60; 3.62 |