Time il Harris $12 9 1 2 3 4 Pinwheel $19 35 28 25 16 D-L (Solving a comprehensive problem) Use the end-of-year stock price data in the popup window to answer the following questions for the Hands and Plahol companies a. Compute the annual rates of return for each time period and for both firms 6. Calculate both the arithmetic and the geometric mean rates of retum for the entire three year period using your annual rates of retum from parta (Note: you may assume that neither firm pays any dividende) c. Computea three year rate of return spanning the entire periode, using the ending price for period 1 and ending price for period 4). d. Since the rate of return calculated in partc is a three-year rate of return, convert to an annual rate of return by using the following equation Three-Year Annual Rate 1+ Rate of Retum of Return e. How is the annual rate of retum calculated in part d related to the geometric rate of return? When you are evaluating the performance of an investment that has been huid for several years, what type of average rate of retum (arithmetic or geometric) should you use? Why? a. Enter the annual rate of return for each year for Harris in the table below. (Round to two decimal places) Time Value of Annual Rate Value of Annual Rate Harris Stock of Return Pinwheel Stock of Return $12 $19 2 35 3 11 28 16 25 1 9 4 Click to select your answers)