3. You bought a stock of company Alpha and held it over a five-year period. The annual returns of the stock are given by the following table. Based on the annual returns, we calculated the gross yearly returns. Are the calculations correct or are they false? Year Return = r Gross return 1 - 10% 0.9 2 - 20% 0.8 3 30% 1.3 4 20% 1.2 5 15% 1.15 O The calculations are correct. The calculations are false. 4. What is the geometric mean return of the stock over 5 years? Year Return = r Gross return 1 - 10% 0.9 2 -20% 0.8 3 30% 1.3 4 20% 1.2 5 15% 1.15 O 4.23% 5.25% 30% 0 35%