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An investor is evaluating the historical performance of an investment fund. The following annual returns are provided to the investor: Fund Value 0 220 1

An investor is evaluating the historical performance of an investment fund. The following annual returns are provided to the investor:

Fund Value

0 220
1 242
2 276
3 263
4 258
5 253

Required:

a. Calculate the investment returns for each year.

b. Compute the arithmetic mean return.

c. Calculate the geometric mean return.

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