Delray Inc had stock returns of 16 percent, 4 percent, 8 percent, 14 percent, -9 percent,...

Transcribed Image Text:

Delray Inc had stock returns of 16 percent, 4 percent, 8 percent, 14 percent, -9 percent, and -2 percent over the past six years. What is the geometric average return for this time period? 4.80 percent 5.67 percent 6.81 percent 5.32 percent 4.26 percent Delray Inc had stock returns of 16 percent, 4 percent, 8 percent, 14 percent, -9 percent, and -2 percent over the past six years. What is the geometric average return for this time period? 4.80 percent 5.67 percent 6.81 percent 5.32 percent 4.26 percent

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The geometric average return for Delray ... View the full answer