• The beginning share price for a security over a three-year period was $50. Subsequent year-end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was:
• A. 9.30% and 8.58% respectively.
• B. 9.30% and 7.89% respectively.
• C. 9.30% and 7.03% respectively.
• D. 9.30% and 6.37% respectively.