1. Over the past six years, a stock produced returns of 21 percent, -18 percent, 2 percent, 11 percent, -1 percent, and 24 percent. Based on these six years, what range of returns would you expect to see 99 percent of the time?
A. -53.24 percent to 40.24 percent
B. -40.24 percent to 53.24 percent
C. -36.67 percent to 48.38 percent
D. -48.38 percent to 36.67 percent
E. -54.00 percent to 72.00 percent
2. Your portfolio has provided you with returns of 26.3 percent, 19.8 percent, -4.6 percent, and 7.9 percent over the past four years, respectively. What is the geometric average return?
A. 8.06 percent
B. 9.27 percent
C.10.25 percent
D.11.71 percent
E.12.35 percent