Question: please Help me with this question thank you as easy as possible. A stock had returns of -16.00% (1 year ago), 5.00% (2 years ago),

 please Help me with this question thank you as easy as

please Help me with this question thank you as easy as possible.

A stock had returns of -16.00% (1 year ago), 5.00% (2 years ago), X (3 years ago), and 25.00% (4 years ago) in each of the past 4 years. Over the past 4 years, the 4 arithmetic average annual return for the stock was 5.00%. What was the geometric average annual return for the stock over the past 4 years?(round the value to 100th decimal) Selected Answer: 1.24 Correct Answer: 3.97 Answer range +/- 0.00794 (3.96206 - 3.97794)

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