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

Year	Beginning of Year Price	# of Shares Bought or Sold
2014	$115	280 bought
2015	$120	230 bought
2016	$116	255 sold
2017	$119	255 sold

What is the geometric average return for the period?

Multiple Choice

• 2.30%

• .86%

• 1.15%

• 1.72%