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5.What is the Average Annualized Return for the following return series? Years Returns 0 9.32% 1 14.43% 2 8.96% 3 13.31% 4 3.91% 5 5.85%

5.What is the Average Annualized Return for the following return series? Years Returns 0 9.32% 1 14.43% 2 8.96% 3 13.31% 4 3.91% 5 5.85% 6 14.80% 7 7.43% 8 3.27%

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