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A Portfolio Had an Original Value of $15,000 Twenty Years

Question 31

Multiple Choice

A portfolio had an original value of $15,000 twenty years ago. The current value of the portfolio is $92,780. What was the geometric average return of the portfolio?


A) 8.63%
B) 9.54%
C) 10.81%
D) 11.16%
E) 11.87%

Correct Answer:

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