stock had returns of 21.82% (1 year ago), 3.85% (2 years

ago), X (3 years ago), and -16.02% (4 years ago) in each of the past years. Over the past years, the geometric average annual return for the stock was 2.53%

What was the arithmetic average annual return fol

the stock over the past years?

O 3.22% (plus or minus 0.02 percentage points)

4.02% (plus or minus 0.02 percentage points)

3.42% (plus or minus 0.02 percentage points)

O

2.04% (plus or minus 0.02 percentage points)

None of the above is within 0.02 percentage points of the answer