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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 Year 0 $130

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

Fund Value
Year 0 $130
Year 1 143
Year 2 159
Year 3 146
Year 4 141
Year 5 136

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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