tock Z has the following returns for last five years. Calculate the arithmetic average return and geometric return for the stock. Returns: 10%, 15%, -8%, -9% and 12% a. Arithmetic average is 4% and...

Extracted text: tock Z has the following returns for last five years. Calculate the arithmetic average return and geometric return for the stock. Returns: 10%, 15%, -8%, -9% and 12% a. Arithmetic average is 4% and geometric return is 3.47%. b. Arithmetic average is 10.8% and geometric return is 10.77%. C. Arithmetic average is 7.2% and geometric return is 6.90%. d. Arithmetic average is 4.10% and geometric return is 3.47%.