Q1: A stock produced total returns of 10%, 12%, -20%, and 36% over the past four years, respectively. What is the average rate of return for this period of time? What is the geometric average return?

Select one: a. 3.50%, 1.30%

b. 1.50%, 2.04%

c. 3.50%, 2.00%

d. 9.50%, 8.70%

e. 9.50%, 7.60%

Q-2: ___________ returns measure the percentage change in one's purchasing power, i.e., the change in your standard of living.

Select one: a. Holding period

b. Real

c. Capital gain

d. Adjusted

e. Nominal