2. Returns (LO1, CFA1) A portfolio of non–dividend-paying stocks earned a geometric mean return of 5 percent between January 1, 2010, and December 31, 2016. The arithmetic mean return for the same period was 6 percent. If the market value of the portfolio at the beginning of 2010 was $100,000, the market value of the portfolio at the end of 2016 was closest to:

a. $135,000

b. $140,710

c. $142,000

d. $150,363