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A stock earned the following annual returns over the last 5 years: -21%, 19%, 6%, 3%, 37%. What has been the (arithmetic) average annual rate

A stock earned the following annual returns over the last 5 years: -21%, 19%, 6%, 3%, 37%. What has been the (arithmetic) average annual rate of return over these 5 years?

12%

10.1%

14.5%

8.8%

6.95%

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