" T " ** exchange (d) Snap Yak sells shares Goldman Sachs who then sells them to Goldman's clients 12. You are tracking fund XYZ, which has earned returns of 2%, 8%, -7%, and 13% over the last four years, respectively. Which of the following is closest to the geometric return of XYZ over this time period? (a) 3.00% (b) 3.25% (c) 3.50% (d) 3.75% (e) 4.00% (e) None of the above 14. If you had invested $1000 at the beginning of each year in fund XYZ from problem 12, which of the following would be closest to your dollar-weighted return? (a) 5.5% (b) 4.5% (c) 4.0% (d) 5.0%