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A) What is the geometric average of the returns? Year 1 is +15%, year 2 is +10%, year 3 is +12% and year 4 is

A) What is the geometric average of the returns? Year 1 is +15%, year 2 is +10%, year 3 is +12% and year 4 is +7%.

a. 7.96% b. 9.96% c. 10.96% d. 14.96% e. 16.96%

B)What is the holding period return (HPR) for the returns? Year 1 is +15%, year 2 is +10%, year 3 is +12% and year 4 is +7%.

a. 51.6% b. 50.7% c. 49.5% d. 52.9% e. 53.9%

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