Question: The arithmetic average return on your portfolio for the past five years is 9.3 percent. You earned -7.4 percent, 171 percent, 6.3 percent, and 11.8

 The arithmetic average return on your portfolio for the past five

The arithmetic average return on your portfolio for the past five years is 9.3 percent. You earned -7.4 percent, 171 percent, 6.3 percent, and 11.8 percent for four of those five years. What rate of return did you earn in the fifth year? Multiple Choice O 16.0% O 13.2% O 18.7% O 17.5% O 19.6%

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