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An investor earns 17 percent, -3 percent, and -4 percent for years 1, 2, and 3, respectively. Find the annualised geometric rate of return, expressed
An investor earns 17 percent, -3 percent, and -4 percent for years 1, 2, and 3, respectively. Find the annualised geometric rate of return, expressed as a percentage, to two decimal points. DO NOT include the % sign. (Eg, if your calculated answer is 99.99%, enter 99.99.)
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