Question: please explain every step and how the got the number thanks What was the geometric average return for a stock that had the following annual

 please explain every step and how the got the number thanks

please explain every step and how the got the number thanks

What was the geometric average return for a stock that had the following annual returns over the past 4 years: 14.00% (4 years ago), 16.00% (3 years ago), -24.00% (2 years ago), and 46.00% (last year)?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55) Selected Answer: 4.75 Correct Answer: 10.06 Answer range +/- 0.02012 (10.03988 - 10.08012)

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