Consider the rate of return of stocks ABC and XYZ. Year 1 22% 38% 2 9 11 3 19 19 4 6 1 -11 Required: a. Calculate the arithmetic average return on these stocks over the sample period. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) ABC "XYZ Arithmetic Average 11.40 % 11.40 % b. Which stock has greater dispersion around the mean return? ABC XYZ c. Calculate the geometric average returns of each stock. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) ABC "XYZ Geometric Average d. If you were equally likely to earn a return of 22%, 9%, 19%, 6%, or 19%, in each year (these are the five annual returns for stock ABC). what would be your expected rate of return? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Expected rate of return e. What if the five possible outcomes were those of stock XYZ? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Expected rate of return % f. Given your answers to (d) and (e), which measure of average return, arithmetic or geometric, appears more useful for predicting future performance?