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An investor purchased 200 shares of stock A at $45 per share. The stock had the following total returns over a 4-year period: +5%, -8%,
An investor purchased 200 shares of stock A at $45 per share. The stock had the following total returns over a 4-year period: +5%, -8%, +7%, and 12%. What is the geometric average annual return? OA. 5.5% B.3.7% C. 8.9% D.3.4%
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