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The five annual returns on an investment are: 2.3%, -1.2%; 3.5%, -0.8% and 2.0%. The arithmetic and the geometric averages are: a. 2.16% and 1.011%

The five annual returns on an investment are: 2.3%, -1.2%; 3.5%, -0.8% and 2.0%. The arithmetic and the geometric averages are:

a.

2.16% and 1.011%

b.

1.143%, 1.160%

c.

1.160%, 1.143%

d.

1.011% and 2.16%

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