You purchased 1,300 shares of LKL stock 5 years ago and have earned annual returns of 7.1 percent, 11.2 percent, 3.6 percent, -4.7 percent and 11.8 percent. What is your arithmetic average return?
i) 4.47 percent
ii) 5.80 percent
iii) 6.23 percent
iv) 6.47 percent
v) 6.98 percent