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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $40 2. . $55 $1.10 3 3 $60 $1.20 4 $80

A stock has had the following year-end prices and dividends: Year Price Dividend 1 $40 2. . $55 $1.10 3 3 $60 $1.20 4 $80 $1.30 The geometric average return for the stock is % 28.35 3341 29.01 2289 20

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