24. The excess return required from an investment in a risky asset over that required form a risk-free investment is the a. Risk premium b. Variation adjustment c. Ratio of deviation d. Offset variance 25. An investment provided the following annual returns. What is the geometric average return over the holding period? Year 1-3% Year 2 | 7% Year 3 Year 4 14% | 5% a. b. C. d. 3.96% 4.69% 5.57% 6.17%