Question: Consider an investment held over five years with a return of +10% in the first year, +3% in the second year, -5% in the third
Consider an investment held over five years with a return of +10% in the first year, +3% in the second year, -5% in the third year, +1% in the fourth year, and +2% in the third year. What is the geometric mean return on the investment?
A. +2.09%
B. +2.20%
C. +4.15%
D. +5.00%
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