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Jack's portfolio earned returns equal to 14%, 9%, -2%, and 15% over the past four years. Given this information, during this 4-year period, Jacks portfolio
Jack's portfolio earned returns equal to 14%, 9%, -2%, and 15% over the past four years. Given this information, during this 4-year period, Jacks portfolio earned arithmetic and geometric average returns of:
select one:
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9.88%; 9.00%
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8.78%; 9.00%
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9.00%; 8.78%
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9.88%; 8.78%
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9.00%; 9.88%
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