The following stock price information has been collected for stock XYZ: End of year Closing price 2023 $127 2022 $119 2021 $123 2020 $118 2019 $121 XYZ has a correlation with the market portfolio of 0.60. The S&P 500 market portfolio has a standard deviation of 20%. An investor purchased XYZ at the end of 2019 (when it was $121). What is the average annual holding period return (geometric mean) for this investor if he/she held XYZ until the end of 2023? 1.22% 000 None are correct 6.26% 2.78%