Quantitative Methods Q108

0. Judith Owen buys a share for $45 on January 1, 2011. The price of the share is $54 on January 1, 2012 and $63 on January 1, 2013. Assuming no dividends were paid, which of the following best represent the geometric mean annual return earned by Owen over the two year period?

Answer
Comment
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Option : B
Explanation :

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