Question: Time Marsh 12345 $9 14 16 7 9 (Click on the icon in order to copy its contents into a spreadsheet.) a. Calculate the

Time Marsh 12345 $9 14 16 7 9 (Click on the icon in order to copy its contents into a spreadsheet.) a. Calculate the annual rate of return for each year from the above information. b. What is the arithmetic average rate of return earned by investing in Marsh's stock over this period? c. What is the geometric average rate of return earned by investing in Marsh's stock over this period? d. Considering the beginning and ending stock prices for the five-year period are the same, which type of average rate of return (the arithmetic or geometric) better describes the average annual rate of return eamed over the period?

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