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Given the following share price history, what is the arithmetic average return per share? Year Share price 1 $20 2 $22 3 $24 4 $26

Given the following share price history, what is the arithmetic average return per share?

Year

Share price

1

$20

2

$22

3

$24

4

$26

5

$28

Select one:

a. 3.24%

b. 4.05%

c. 5.36%

d. 8.78%

e. 10.75%

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