Question: 68. When, if ever, will the geometric average return exceed the arithmetic average return for a given set of returns? A. When the set of

68. When, if ever, will the geometric average return exceed the arithmetic average return for a given set of returns? A. When the set of returns includes only risk-free rates. B. When the set of returns has a wide frequency distribution. C. When the set of returns has a very narrow frequency distribution. D. When all of the rates of return in the ser of returns are equal to each other. E. Never

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