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An Asset Had Annual Returns of 19, -38, -17, 25

Question 93

Multiple Choice

An asset had annual returns of 19, -38, -17, 25, and 5 percent, respectively, over the past five years. What is the arithmetic average return?

A) -1.2 percent
B) 0.8 percent
C) 1.2 percent
D) 1.6 percent
E) 2.3 percent

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