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The Rate of Return for Each of the Past Four

Question 20

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The rate of return for each of the past four years on a market fund are R1 = 2.4%,R2 = 1.0%,R3 = −3.2%,and R4 = 0.5%.Find the geometric mean rate of return.

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.0015
Rg = (4√(1.024)(...

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