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You purchased 400 shares of KNO stock five years ago and have earned annual returns of 8.3 percent, 9.6 percent, 18.25 percent, -7.7 percent, and
You purchased 400 shares of KNO stock five years ago and have earned annual returns of 8.3 percent, 9.6 percent, 18.25 percent, -7.7 percent, and 1.8 percent, respectively. What is your arithmetic average return?
Group of answer choices
5.47 percent
6.05 percent
6.23 percent
6.47 percent
8.01 percent
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