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Consider the following distribution of returns of a stock: Year Return (r) 1 10% 2 -15% 3 25% What is the arithmetic mean return of

Consider the following distribution of returns of a stock:

Year Return (r)
1 10%
2 -15%
3 25%

What is the arithmetic mean return of the stock over 3 years?

Select one:

a. 1.067%

b. 5.3%

c. 1.053%

d. 6.7%

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