(Related to Checkpoint 7.2) (Calculating the geometric and arithmetic average rate of return) Marsh Inc. had the following end-of-year stock prices over the last five years and paid no cash dividends: Time Marsh 1 $8 2 12 3 4 5 (Click on the icon in order to copy its contents into a spreadsheet) a. Calculate the annual rate of return for each year from the above information b. What is the arithmetic average rate of retum earned by investing in Marsh's stock over this period? c. What is the geometric average rate of return earned by investing in Marsh's stock over this period? a. The annual rate of return at the end of voar 2 is % (Round to two decimal places.) 17 6 8