You observe quarterly returns on a non$-$dividend paying stock of $6\mathrm{.}94\%,2\mathrm{.}57\%,2\mathrm{.}41\%,-4\mathrm{.}99\%,$ and $-1\mathrm{.}97\%.$

What is the geometric average return for this stock, expressed as a quarterly APR? Enter your answer in percent to $2$ decimal places, leave out the $"\%"$ symbol in what you type in$,$ and do not round any intermediate results. 

Answer rating: 100% (QA)

To calculate the geometric average return for the given quarterly ... View the full answer