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A stock produced annual rates of return of 12.5 percent, 15.5 percent, 17 percent, and 17 percent over the past 4 years, respectively. What is
A stock produced annual rates of return of 12.5 percent, 15.5 percent, 17 percent, and 17 percent over the past 4 years, respectively. What is the geometric average return for this period?
6.81 percent
6.93 percent
7.57 percent
7.30 percent
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