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detailed answers please and thank you! Three years ago, you invested in a retirement account. The account had three holdings, with annual returns as shown
detailed answers please and thank you!
Three years ago, you invested in a retirement account. The account had three holdings, with annual returns as shown below. What was the average annual return on the portfolio over this time? Annual Initial Dividend (paid to Return Return Return Stock Investment you on your Year 1 Year 2 Year 3 investment) General Motors $10,000 $200 +6% +4% +5% General Electric $40,000 $800 +7% -3% -8% General Dynamics $15,000 $300 +7% +5% +10% Three years ago, you invested in a retirement account. The account had three holdings, with annual returns as shown below. What was the average annual return on the portfolio over this time? Annual Initial Dividend (paid to Return Return Return Stock Investment you on your Year 1 Year 2 Year 3 investment) General Motors $10,000 $200 +6% +4% +5% General Electric $40,000 $800 +7% -3% -8% General Dynamics $15,000 $300 +7% +5% +10%Step by Step Solution
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