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3) The beginning share price for a security over a three-year period was $50. Subsequent year- end prices were $62, $58 and $64. The arithmetic

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3) The beginning share price for a security over a three-year period was $50. Subsequent year- end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was: A) 9.30% and 8.58% respectively. B) 9.30% and 7.89% respectively. C) 9.30% and 7.03% respectively. D) 9.30% and 6.37% respectively

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