The beginning share price for a security over a three-year period was $50. Subsequent year-end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was
Answers: A. 9.30% and 8.58%, respectively. B. 9.30% and 7.89%, respectively. C. 9.30% and 7.03%, respectively. D. 9.30% and 6.37%, respectively.