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Over the past five years, an investment produced annual returns of 16.5, 21, -18, 4, and 17 percent, respectively. What is the geometric average return?
Over the past five years, an investment produced annual returns of 16.5, 21, -18, 4, and 17 percent, respectively. What is the geometric average return?
A. | 6.42 percent | ||
B. |
| ||
C. | 8.00 percent | ||
D. | 15.60 percent | ||
E. | 16.00 percent |
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