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Spill Oil Company's Stocks Had -8%, 11% and 24% Rates

Question 68

Multiple Choice

Spill Oil Company's stocks had -8%, 11% and 24% rates of return during the last three years respectively; calculate the average rate of return for the stock.


A) 8% per year
B) 9% per year
C) 11% per year
D) None of the above

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