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You Have the Following Rates of Return for a Risky

Question 40

Multiple Choice

You have the following rates of return for a risky portfolio for several recent years:
2013 35.23%
2014 18.67%
2015 −9.87%
2016 23.45%
The annualized (geometric) average return on this investment is ________.


A) 16.15%
B) 16.87%
C) 21.32%
D) 15.60%

Correct Answer:

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