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You have the following rates of return for a risky portfolio for severa recent years. Assume that the stock pays no dividends. Year 2014 2015

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You have the following rates of return for a risky portfolio for severa recent years. Assume that the stock pays no dividends. Year 2014 2015 2016 2017 Beginning of Year Price $50.00 $55.00 $51.00 $54.00 # of Shares Bought or Sold 100 bought 50 bought 75 sold 75 sold What is the geometric average return for the period? Multiple Choice 749 2.6% 2015 2016 2017 $55.00 $51.00 $54.00 50 bought 75 sold 75 sold What is the geometric average return for the period? Multiple Choice o 2.87% o 74% 2.6% o o 2.21%

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