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Given the following historical returns, what is the Geometric Average Return? Year 1 = 13%; year 2 = 7%; year 3 = 20%. 13.21% 8.67%
Given the following historical returns, what is the Geometric Average Return? Year 1 = 13%; year 2 = 7%; year 3 = 20%.
- 13.21%
- 8.67%
- 13.33%
- 40.00%
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