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4. What is true regarding the following statements? a. Arithmetic average return can accurately measure wealth change of the investor b. Arithmetic average return is

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4. What is true regarding the following statements? a. Arithmetic average return can accurately measure wealth change of the investor b. Arithmetic average return is always lower than the otherwise equivalent geometrica because geometric average return inflates the investor's wealth change c. Arithmetic average return always inflates the true wealth change of the investor higher than the otherwise equivalent geometric average return d. Neither arithmetic average return nor geometric average return can ly mea wealth change and

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