Reference no: EM132499999

Question 1: Which of the following is the best definition for the concept of geometric average return?

Select one:

Option A. The average compound return earned per year over a multiyear period.

Option B. A symmetric, bell-shaped frequency distribution that can be defined by its mean and standard deviation.

Option C. The hypothesis is that actual capital markets are efficient.

Option D. Market in which security prices reflect available information.

Option E. The excess return required from an investment in a risky asset over a risk-free investment.