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A Portfolio Had an Original Value of $7,400 Seven Years

Question 26

Multiple Choice

A portfolio had an original value of $7,400 seven years ago. The current value of the portfolio is $11,898. What is the average geometric return on this portfolio?


A) 7.02%
B) 7.47%
C) 7.59%
D) 7.67%
E) 7.88%

Correct Answer:

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