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You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Beginning of #

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You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Beginning of # of Shares Year Year Price Bought or Sold 2014 $45 140 bought 2015 $50 90 bought 2016 $46 115 sold 2017 115 sold $49 What is the geometric average return for the period? Multiple Choice 435% 2.15% 2.88% Multiple Choice O 4.35% O 2.15% O 2.88% O 5.78%

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