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a) A stock had returns of 12%, 5%, 8%, 17%, and -7% for the past five years. What was arithmetic average annual return for this
a) A stock had returns of 12%, 5%, 8%, 17%, and -7% for the past five years. What was arithmetic average annual return for this stock? (2 marks) b) Suppose the risk-free rate is 4%. What is the rewa...
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