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A stock had returns of 21.91% ( 1 year ago), 2.77% ( 2 years ago), X (3 years ago), and -16.42% ( 4 years ago)
A stock had returns of 21.91% ( 1 year ago), 2.77% ( 2 years ago), X (3 years ago), and -16.42% ( 4 years ago) in each of the past years. Over the past years, the geometric average annual return for the stock was 2.52%. What was the arithmetic average annual return for the stock over the past years?
O 3.44% (plus or minus 0.02 percentage points)
O 2.75% (plus or minus 0.02 percentage points) 1.55% (plus or minus 0.02 percentage points)
O 5.49% (plus or minus 0.02 percentage points) None of the above is within 0.02 percentage points of the answer
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