Assume that you buy 100 shares of CompanyA for $80 at the beginning of 2021. The company does not pay any dividends. The stock price is $100 at the end of 2021, $120 at the end of 2022, and $150 at the end of 2023. Suppose the stock price drops to $100 by the end of 2024 and you sell all 100 shares. In this case, what is the geometric mean rate of return over 4 years?
A) 0.0%.
B) 1.0%.
C) 5.7%.
D) 9.2%.
E) 34.5%.