53) You have the following rates of return for a risky portfolio for several recent years Assume that the stock pays no dividends Year Beginning of Year Price of Shares Bought or Sold 2018 $60 170 bought 2019 $65 120 bought 2020 $61 145 sold 2021 $64 145 sold What is the geometric average return for the period

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53) You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Year Beginning

53) You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends.

Year	Beginning of Year Price	# of Shares Bought or Sold
2018	$60	170 bought
2019	$65	120 bought
2020	$61	145 sold
2021	$64	145 sold

What is the geometric average return for the period?

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