Question: 4 What are the arithmetic and geometric average returns for a stock with annual returns of 13 percent, 9 percent, -3 percent, and 15 percent?

4 What are the arithmetic and geometric average returns for a stock with annual returns of 13 percent, 9 percent, -3 percent, and 15 percent? O 8.50%; 8.27% O 8.50%; 9.90% O 9.90%; 8.50% 4 pts O 8.27%; 8.50% O 9.90%; 8.27%

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