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An investor has an investment that has produced the following returns: Year 1 : 1 0 % , Year 2 : 5 % , Year

An investor has an investment that has produced the following returns: Year 1: 10%, Year 2 : 5%, Year 3: -7%, Year 4: -3%, Year 5:12%. Calculate the arithmetic mean return on this investment.
6.75
17.00
3.40
8.50
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