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Q-16. The following information is available for a portfolio: Asset Class Equities (70%) Bonds (30%) Time First year returns 13% 12% Second year returns 11%

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Q-16. The following information is available for a portfolio: Asset Class Equities (70%) Bonds (30%) Time First year returns 13% 12% Second year returns 11% -5.6% Third year returns -14.86% 15% The geometric mean return on the portfolio is closest to: A. 3.9834%. B. 3.5697%. C. 4.5361%

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