Question: What are the arithmetic and geometric average returns for a stock with annual returns of 21 percent, 9 percent, 2 percent, and 13 percent? List

What are the arithmetic and geometric average returns for a stock with annual returns of 21 percent, 9 percent, 2 percent, and 13 percent? List the arithmetic answer first.

Options:

11.04 percent; 10.25 percent

11.04 percent; 9.93 percent

10.25 percent; 11.04 percent

10.25 percent; 9.93 percent

9.93 percent; 10.25 percent

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