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An investor realized the following returns in 4 last years: 16%, 11%, 5%, -2%. Time-weighted rate of return over the 4-year period is: 8.13% 5.45%

An investor realized the following returns in 4 last years: 16%, 11%, 5%, -2%. Time-weighted rate of return over the 4-year period is:

8.13%

5.45%

7.29%

7.78%

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