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4 . Suppose that an asset's value is $ 1 0 0 at year 0 , $ 2 0 0 at year 1 , $

4. Suppose that an asset's value is $100 at year 0, $200 at year 1, $100 at year 2, and $50 at year 3. Find the arithmetic average annual return (% return) and the geometric average annual return (% return). a. A money market fund with an average maturity of 30 days offering a current yield of 3% per year. b. A 1-year savings deposit at a bank offering an interest rate of 4%. c. A 20-year U.S. Treasury bond offering a yield to maturity of 5% per year.

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