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Roddy Richards invested $12014.88 in Wolverine Meat Distributors (W.M.D.) five years ago. The investment had yearly arithmetic returns of -9.7%, -8.0%, 15%, 10.0%, and 18.0%.
Roddy Richards invested $12014.88 in Wolverine Meat Distributors (W.M.D.) five years ago. The investment had yearly arithmetic returns of -9.7%, -8.0%, 15%, 10.0%, and 18.0%. What is the geometric average return of Roddy's Richard's investment?
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3.56%
4.40%
8.07%
5.06%
4.52%
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