Question: For small-cap stocks, if arithmetic average was 20% and the standard deviation were reported to be 10%, what would be the approximate geometric average return
For small-cap stocks, if arithmetic average was 20% and the standard deviation were reported to be 10%, what would be the approximate geometric average return for these small-cap stocks?
| A. | Approx. 19.5% | |
| B. | Approx. 12.5% | |
| C. | Approx. 9.5% | |
| D. | Approx. 15.5% |
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