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As always, I will give a thumbs up to correct answers The common stock of MaryAnn Lorenzen, Inc., had annual returns of 15.6 percent, 2.4
As always, I will give a thumbs up to correct answers
The common stock of MaryAnn Lorenzen, Inc., had annual returns of 15.6 percent, 2.4 percent, -11.8 percent, and 32.9 percent over the last four years, respectively. What is the geometric average of these returns? 38.76% 8.53% 17.80% 15.16% 6.67%Step by Step Solution
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