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Five years ago, you purchased a portfolio of stocks at the cost of $219,000. Over the past five years, your annual returns were: (9.2%), 2.3%,
Five years ago, you purchased a portfolio of stocks at the cost of $219,000. Over the past five years, your annual returns were: (9.2%), 2.3%, 4.9%, 6.2%, and 14.7%. What was your geometric average return per year (nearest 1/10 of one percent without % symbol, e.g. 12.5)?
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