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Consider an investment held over three years with a return of -10 percent in the first year, +10 percent in the second year, and +15
Consider an investment held over three years with a return of -10 percent in the first year, +10 percent in the second year, and +15 percent in the third year. What is the geometric mean return on the investment?
: A) -5.0%
B) +4.4%
C) +5.0%
D) +8.0%
E) Cannot be calculated from the information provided
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