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You own a stock that had returns of 10.75 percent, 16.16 percent, 20.24 percent, 24.31 percent, and 7.39 percent over the past five years. What

You own a stock that had returns of 10.75 percent, 16.16 percent, 20.24 percent, 24.31 percent, and 7.39 percent over the past five years. What was the arithmetic average return for this stock?

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  • 9.68%

  • 10.08%

  • 8.81%

  • 9.31%

  • 8.31%

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