What is the geometric mean of the six annual returns

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Problem 1: Six years ago you invested $25,000 in a mutual fund. You have earned the following annual returns over the last five years: {+20%, -7%, +12%, -5%, +19%, -14%}. What is the Geometric Mean of the six annual returns?

Multiple Choice

Option 1: 2.97%
Option 2: 8.25%
Option 3: 3.30%
Option 4: 5.46%

Reference no: EM132948815

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