Question: 8. The beginning share price for a security over a three-year period was $100. Subsequent year-end prices were $124, $116 and $128. The arithmetic average

8. The beginning share price for a security over a three-year

8. The beginning share price for a security over a three-year period was $100. Subsequent year-end prices were $124, $116 and $128. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was a. 9.30% and 8.78% respectively. b. 9.30% and 7.89% respectively. C. 9.30% and 7.03% respectively.l I d. 9.30% and 6.37% respectively

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