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A Stock Produced Annual Returns of 8

Question 89

Multiple Choice

A stock produced annual returns of 8.3,-21,12,42,and 9 percent over the past five years,respectively.What is the geometric average return?

A) 5.78 percent
B) 6.03 percent
C) 6.34 percent
D) 7.21 percent
E) 8.20 percent

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