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Sharif's Portfolio Generated Returns of 12 Percent, 15 Percent, −15

Question 46

Multiple Choice

Sharif's portfolio generated returns of 12 percent, 15 percent, −15 percent, 19 percent, and −12 percent over five years. What was his average return over this period?


A) 19 percent
B) 3.8 percent
C) 17 percent
D) 2.1 percent

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