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

What is the geometric average return for the period?

Multiple Choice

$2\mathrm{.}64\%$

$0\mathrm{.}99\%$

$1\mathrm{.}32\%$

$1\mathrm{.}98\%$

Year Beginning of

Year Price # of Shares

Bought or Sold

$2016$ $$100250$ bought

$2017$ $$105200$ bought

$2018$ $$101225$ sold

$2019$ $$104225$ sold

What is the geometric average return for the period?