Question: Williams portfolio earned returns equal to 5%, 9%, -4%, and 17% over the past four years. Given this information, during this 4-year period, Williams portfolio
Williams portfolio earned returns equal to 5%, 9%, -4%, and 17% over the past four years. Given this information, during this 4-year period, Williams portfolio earned arithmetic and geometric average returns of:

8.63%; 6.75% 8.63%; 6.48% 6.75%; 6.48% 6.48%; 6.75% 6.75%; 8.63%
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