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A stock had returns of 3%, 4.5%, 2.6%, 4.4%, and 1.9% over the last 5 years. What is the arithmetic average return for the stock?
A stock had returns of 3%, 4.5%, 2.6%, 4.4%, and 1.9% over the last 5 years. What is the arithmetic average return for the stock? Write your answer up to two decimals
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
