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    Practical Investment Management
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    Exam 22: Performance Measurement and Presentation
  5. Question
    The Geometric Average Rate of Return on Three One-Year Returns
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The Geometric Average Rate of Return on Three One-Year Returns

Question 11

Question 11

Multiple Choice

The geometric average rate of return on three one-year returns of 9%, 4%, and 7% is:


A) 6.67%
B) 20%
C) 6.65%
D) 7%

Correct Answer:

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