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7 D Question 2 Steven has an investment with the following annual returns for four years: o Year 1: 10% o Year 2: -3% o
7 D Question 2 Steven has an investment with the following annual returns for four years: o Year 1: 10% o Year 2: -3% o Year 3: 5% o Year 4: 10% What is the Arithmetic Mean (AM) and what is the Geometric Mean (GM)? O AM 5.50%, GM = 5.36%. O AM = 5.75%, GM = 5.60%. - AM = 7.67%, GM = 5.36%. O AM = 7.67%, GM = 5.60%. 6.25 pts
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