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A stock has had returns of 1 6 . 2 2 percent, 1 2 . 1 0 percent, 5 . 5 4 percent, 2 6

A stock has had returns of 16.22 percent, 12.10 percent, 5.54
percent, 26.26 percent, and 13.24 percent over the past five
years, respectively.What was the holding period return for the stock? (Do
not round intermediate calculations and enter your answer as a
percent rounded to 2 decimal places, e.g.,32.16.)

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