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A one-year investment has quarterly returns of 0.4% in Q1, -22.0% in Q2, 13.9% in Q3, and 9.5% in Q4. What is its average quarterly

A one-year investment has quarterly returns of 0.4% in Q1, -22.0% in Q2, 13.9% in Q3, and 9.5% in Q4. What is its average quarterly return? Round your answer to two decimals (in %)

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