An investment has had returns of 15 percent, 10 percent, -16 percent, and 27 percent over the last four years. What is the geometric average return of this investment over the last four years? A. 76.88% B. 7.78% C. 34.95% D. 9%

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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An investment has had returns of 15 percent, 10 percent, -16 percent, and 27 percent over the last four years. What is the geometric average return of this investment over the last four years?

  A.

76.88%

  B.

7.78%

  C.

34.95%

  D.

9%

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