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An Investment Had the Following 4 Year Returns: -8%, 15

Question 43

Multiple Choice

An investment had the following 4 year returns: -8%, 15%, 10% and -5%. Determine the average annual rate of return.

A) 2.54%
B) 3.61%
C) 3.85%
D) 4.03%
E) 4.92%

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