Question: When, if ever, will the geometric average return exceed the arithmetic average return for a given set of returns? Multiple Choice When the set of

When, if ever, will the geometric average return exceed the arithmetic average return for a
given set of returns?
Multiple Choice
When the set of returns has a wide frequency distribution
Never
When all of the rates of return in the set of returns are equal to each
other
When the set of returns has a very narrow frequency distribution
When the set of returns includes only risk-free rates
 When, if ever, will the geometric average return exceed the arithmetic

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