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3) A stock increases by 4% in the first year, decreases by 1% in the second year, increases by 3% in the third year, increases
3) A stock increases by 4% in the first year, decreases by 1% in the second year, increases by 3% in the third year, increases by 2% in the fourth year, and decreases by 2% in the fifth year. Find the equivalent effective annual interest rate for the growth of the stock over the five year period
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