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a. Calculate the annual rate of return for each year from the above information. b. What is the arithmetic average rate of return earned by

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a. Calculate the annual rate of return for each year from the above information. b. What is the arithmetic average rate of return earned by investing in Brangus Cattle Company's stock over this period? c. What is the geometric average rate of return earned by investing in Brangus Cattle Company's stock over this period? d. Which tvoe of averaae rate of return best describes the averaae annual rate of return earned over the veriod (the arithmetic or aeometric)? Whv? a. The annual rate of return at the end of year 2 is 6. (Round to two decimal places.)

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