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Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period.

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Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period. YEAR PRICE 2012 $572.47 2011 $605.68 2010 $531.08 2009 $341.06 2008 $564.68 2007 $503.89 Calculate the average (arithmetic) return

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