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139) The beginning share price for a securityr over a three-year period was $50. Subsequent yearend prices were $62. $53 and $64. The arithmetic average
139) The beginning share price for a securityr over a three-year period was $50. Subsequent yearend prices were $62. $53 and $64. The arithmetic average annual rate of return and the geometric average annual rate at return for this stock was: A} 9.30% and 7.03% respectively. 9) 9.30% and 6.33% respectively. C) 9.30% and 7.99% respectively. D) 9.30% and 9.59% respectively
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