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An Asset Has Annual Returns of 14 Percent, 8 Percent

Question 24

Multiple Choice

An asset has annual returns of 14 percent, 8 percent, - 6 percent, 27 percent and 18 percent. What is the arithmetic return?

A) 11.64%
B) 12.20%
C) 13.05%
D) 14.16%
E) 15.25%

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