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A stock had returns of 26.89% (1 year ago), 17.30% (2 years ago), x (3 years ago), and -16.20% (4 years ago) in each of
A stock had returns of 26.89% (1 year ago), 17.30% (2 years ago), x (3 years ago), and -16.20% (4 years ago) in each of the past 4 years. Over the past 4 years, the geometric average annaual return for the stock was 7.29%. What was the arithmetic average annual return for the stock over the past 4 years?
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