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A stock has annual returns of 5.4 percent, 12.1 percent, -3.9 percent, and 9.1 percent for the past four years. The arithmetic average of these
A stock has annual returns of 5.4 percent, 12.1 percent, -3.9 percent, and 9.1 percent for the past four years. The arithmetic average of these returns is percent while the geometric average return for the period is percent
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