The rate of return on ABC, Inc., stock over the last five years was 8.11 percent, 7.18 percent, 2.04 percent, 4.58 perce

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The rate of return on ABC, Inc., stock over the last five years was 8.11 percent, 7.18 percent, 2.04 percent, 4.58 perce

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The rate of return on ABC, Inc., stock over the last five years
was 8.11 percent, 7.18 percent, 2.04 percent, 4.58 percent, and
6.29 percent. What was the geometric average return (in percent) on
ABC stock over this period? Answer to two
decimals.
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