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(Related to Checkpoint 7.2) (Calculating the geometric and arithmetic average rate of return) Marsh Inc had the folowing end-of-year stock prices over the last five

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(Related to Checkpoint 7.2) (Calculating the geometric and arithmetic average rate of return) Marsh Inc had the folowing end-of-year stock prices over the last five years and paid no individende Marsh $10 11 19 6 (Click on the toon in order to copy the generis indo a soreadsheet) a. Calculate the annual rate of retum for each year from the above information. b. What is the arithmetic average rate of return samed by investing in Marsh's stock over this period? c. What is the geometric average rate of retum eamed by investing in Marah's stock over this period? d. Considering the beginning and ending stock prices for the five-year period are the same, which type of average rate of retum (the arthmec or geometric) beter describes the everage annual raw of retum eamed over the period a. The annual rate of return at the end of year 2 is % (Round to two decimal places) CED

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