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A stock has returns of 21.64% 1 year and 3.32 % two years and X there years ago and -17.44% 4 years ago in each
A stock has returns of 21.64% 1 year and 3.32 % two years and X there years ago and -17.44% 4 years ago in each of the past years. Over the years, the geometric average annual return for the stock was 2.53% what was the arithmetic average annual return for the stock over the past years?
A-3.51%
B-2.51%
C-6.51%
D-1.24%
E-none
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