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An Asset Had Annual Returns of 17, −35, −18, 24

Question 91

Multiple Choice

An asset had annual returns of 17, −35, −18, 24, and 6 percent, respectively, over the past five years. What is the arithmetic average return?

A) −1.2%
B) .8%
C) 1.2%
D) 1.6%
E) 2.3%

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