Three years ago your return was 4 two years ago your return


Three years ago your return was 4%. Two years ago your return was 14%. One year ago your return was -11%.. Which statement is correct?

a. The geometric average return is 1.81% and the annual arithmetic average return is 2.3%

b. The geometric average return is 5.52%and the annual arithmetic average return is 5.4%

c. The geometric average return is 1.62% and the annual arithmetic average return is 5.4%

d. The geometric average return is 5.52% and the annual arithmetic average return is 2.3%

e. The geometric average return is 3.6% and the annual arithmetic average return is 6.8%

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Financial Management: Three years ago your return was 4 two years ago your return
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