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An investment earns the following returns in five consecutive months: -9.35%; 12.55%; 8.89%; 9.48%; 0.72% What is your average realized monthly return on the investment,
An investment earns the following returns in five consecutive months:
-9.35%; 12.55%; 8.89%; 9.48%; 0.72%
What is your average realized monthly return on the investment, assuming that you do not take any money out?
Provide your answer in percent, rounded to two decimals, omitting the % sign.
Response Feedback: compound the returns than take the geometric average
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