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Assume a $1 investment in a stock 23 years ago is now worth $28.82. What is the geometric average return for the period? Multiple Choice

Assume a $1 investment in a stock 23 years ago is now worth $28.82. What is the geometric average return for the period?

Multiple Choice

13.52%

15.74%

22.08%

25.30%

19.03%

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