Question 6 (3 points) Saved Which of the following is FALSE regarding returns? The geometric average return considers compounding. The return calculated by your TVM solver is the geometric average return. If returns vary over time, the geometric average return will always be greater than the arithmetic average return. The arithmetic average return is calculated by adding up the returns for the period of interest, then dividing by the number of returns. For long investment horizons, the geometric average return is more appropriate to use than the arithmentic average return