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Use the following to answer the following question(s). Roddy Richards invested $12014.88 in Wolverine Meat Distributors (W.M.D.) five years ago. The investment had yearly arithmetic
Use the following to answer the following question(s). Roddy Richards invested $12014.88 in Wolverine Meat Distributors (W.M.D.) five years ago. The investment had yearly arithmetic returns of minus9.7%, minus8.1%, 15%, 7.2%, and 15.4%. What is the geometric average return of Roddy's Richard's investment? A. 4.63% B. 8.78% C. 6.96% D. 3.38%
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