What are the arithmetic and geometric average returns for a stock with annual returns of 8 percent, 9 percent, –7 percent, and 16 percent? List the arithmetic answer first.
A) 9.94 percent; 6.16 percent
B) 9.94 percent; 6.50 percent
C) 6.50 percent; 6.16 percent
D) 6.16 percent; 6.50 percent
E) 6.50 percent; 9.94 percent