A

问题如下：

When analyzing investment returns, which of the following statements is correct?

选项：

A.

The geometric mean will exceed the arithmetic mean for a series with non-zero variance

B.

The geometric mean measures an investment’s compound rate of growth over multiple periods.

C.

The arithmetic mean measures an investment’s terminal value over multiple periods.

解释：

The geometric mean compounds the periodic returns of every period, giving the investor a more accurate measure of the terminal value of an investment.