Question: The arithmetic average return on your portfolio for the past six years was 7.4 percent. Assume you earned 12 percent, 25 percent, -10 percent, 17

The arithmetic average return on your portfolio for the past six years was 7.4 percent. Assume you earned 12 percent, 25 percent, -10 percent, 17 percent, and 6 percent for five of those six years. What rate of return did you earn in the sixth year?

	A.	- 5.6 percent
	B.	-13.0 percent
	C.	7.2 percent
	D.	8.4 percent

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