A portfolio manager is assessing the return performance for Altria (MO) stock over the 2005 2010 time period The annual total returns during that time for MO are provided below Year Annual Return 2005 31 27 2006 19 30 2007 21 75 2008 30 41 2009 39 11 2010 32 86 The geometric average annual return for MO during the 2005 2010 time period was closest to A) 16 13 B) 18 98 C) 19 65 D) 40 87

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Question: A portfolio manager is assessing the return performance for Altria (MO) stock over the 2005-2010 time period. The annual total returns during that time for

A portfolio manager is assessing the return performance for Altria (MO) stock over the 2005-2010 time period. The annual total returns during that time for MO are provided below:

Year	Annual Return
2005	31.27%
2006	19.30%
2007	21.75%
2008	-30.41%
2009	39.11%
2010	32.86%

The geometric average annual return for MO during the 2005-2010 time period was closest to:

A) 16.13%

B) 18.98%

C) 19.65%

D) 40.87%

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