Question: The geometric average annual return for a large capitalization stock portfolio is 11% for ten years and 5% per year for the next five years.

The geometric average annual return for a large capitalization stock portfolio is

11%

for ten years and

5%

per year for the next five years. The geometric average annual return for the entire 15-year period is:

A.

8.51%

B.

9.86%

C.

8.96%

D.

9.41%

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