Ten annual returns are listed in the following table:

19.6%

16.9%

18.4%

49.3%

43.1%

1.3%

16.1%

45.9%

45.3%

3.7%

a. What is the arithmetic average return over the 10-year period?

b. What is the geometric average return over the 10-year period?

c. If you invested $100 at the beginning, how much would you have at the end?