(Related Checkpoint 7.2) (Calculating the geometric and arithmetic average rate of return) Marsh Inc. had the followingg end-of-year stock prices over the last five years and paid no cash dividends: Marsh Time $11 2 12 20 .Calculate the annual rate of retun for each year from the above in 's stock over this period? c. What is the geometric average rate of return eamed by investing d. Considering the beginning and ending stock prices for the five-year period are the same, which type of average rate of return (the arithmetic or geometric) better describes the average annual rate of return eamed over the period? Marsh's stock over this period? a. The annual rate of return at the end of year 2 is%. (Round to two decimal places.) The annual rate of return at the end of year 3 is%. (Round to two deecimal places.) The annual rate of return at the end of year 4 is%. (Round to two decimal places.) The annual rate of return at the end of year 5 is%. (Round to two decimal places.) b. The arithmetic average rate of return earned by investing in Marsh's stock over this period is%. (Round to two decimal places.) Marsh's stock over this period is%. (Round to two decimal places.) c. The geometric average rate of return earned by investing average rate d. Considering the beainning and ending stock prices for the five-vear period are the same, the f retun better describes the average annual rate of return earned over the period. (Select from the drop-down menu.) geometric arithmetic