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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