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A stock had returns of 10, 22, -5, 2, and 7 percent over the past five years, respectively. What was the average geometric return? Select
A stock had returns of 10, 22, -5, 2, and 7 percent over the past five years, respectively. What was the average geometric return?
Select one:
a. 6.21 percent
b. 8.37 percent
c. 6.83 percent
d. 8.01 percent
e. 9.45 percent
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