A stock had returns of 16 percent, 20 percent, 13 percent, -4 percent, 12 percent, and 14 percent over the last six years.

Required:
(a)	What is the arithmetic return for the stock?
	(Click to select) 12.03% 11.93% 12.43% 11.83% 14.20%

(b)	What is the geometric return for the stock?