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A stock had annual returns of 49%, -60%, 78%, 40%, and -68% over a five-year period. The arithmetic average annual return was _______ and the
A stock had annual returns of 49%, -60%, 78%, 40%, and -68% over a five-year period. The arithmetic average annual return was _______ and the geometric average annual return was ________.
6.2 percent; -13.8 percent
7.8 percent; -13.8 percent
7.8 percent; 4.2 percent
7.8 percent; -1.56 percent
6.2 percent; 4.2 percent
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