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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. Year Beginning of

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
2016 $ 50.00 100 bought
2017 $ 55.00 50 bought
2018 $ 51.00 75 sold
2019 $ 54.00 75 sold

What is the geometric average return for the period?

Multiple Choice

2.87%

2.60%

0.74%

2.21%

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