1. A stock produced total returns of 15%, 12%, -20%, and 36% over the past four years, respectively. What is the geometric average return? Select one: a. 6.30% b. 7.60% c. 5.83% d. 2.44% e. 2.04%

2. A project costs $500 and has cash flows of $110 for the first three years and $75 in each of the project's last five years. What is the payback period of the project?

Select one:

a. 5.27 years

b. 5.33 years

c. 5.00 years

d. The project never pays back

e. 4.75 years