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8. Soo Lee owns a stock that has had annual returns of 11.6 percent, 9.3 percent, -22.8 percent, and 34.6 percent over the last four-year

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8. Soo Lee owns a stock that has had annual returns of 11.6 percent, 9.3 percent, -22.8 percent, and 34.6 percent over the last four-year period. What is his arithmetic mean return on this investment? (a) (b) 8.18% 7.94% 14.62% 11.47% (d)

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