The rate of return on ABC, Inc., stock over the last five years was -1.96 percent, 8.3 percent, -4 percent, 7.16 percent, and -1.05 percent. What was the geometric average return (in percent) on ABC stock over this period? Answer to two decimals.

Answer rating: 100% (QA)

Geometric Average Return 1 196 x 1 83 x 1 4 x 1 716 x 1 10515 1 Geometric Average Return ... View the full answer