8. A portfolio of stocks generates a - 9% return in 2006, a 23% return in 2007,

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8. A portfolio of stocks generates a - 9% return in 2006, a 23% return in 2007, and a 17% return in 2008. What is the annualized return (geometric mean) for the entire period?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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