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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
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 Marsh's stock over this period? c. What is the geometric average rate of return earned by investing in Marsh's stock over this period? a. The annual rate of return at the end of year 2 is 6. (Round to two decimal places.)
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