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You have the following rates of return for a risky portfolio for several recent years....

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Accounting

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
2.64%
0.99%
1.32%
1.98%
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?
image

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