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The common stock of MaryAnn Lorenzen, Inc., had annual returns of 15.6 percent, 2.4 percent, -11.8 percent, and 32.9 percent over the last four years,
The common stock of MaryAnn Lorenzen, Inc., had annual returns of 15.6 percent, 2.4 percent, -11.8 percent, and 32.9 percent over the last four years, respectively. What is the geometric average of these returns?
Answers:
17.80%
8.53%
15.16%
38.76%
6.67%
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