3) The geometric average of 12%,20%, and 25% is A) 11% B) 9.7% C) 8.42% D) 18.88% 4) If the nominal rate of return on investment is 6% and inflation is 2% over a holding period, what is the real rate of return on this investment? A) 3.92% B) 4% C) 4.12% D) 6% 5) If you believe you have a 60% chance of doubling your money, a 30% chance of gaining 15%, and a 10% chance of losing your entire investment, what is your expected return? A) 54.5% B) 15% C) 114.5% D) 5%