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Jennifers portfolio experiences the following returns over a three-year period: 12%, -5%, 8%. What is her geometric average return? a. 4.7% b. 8.0% c. 8.7%

Jennifer’s portfolio experiences the following returns over a three-year period: 12%, -5%, 8%.

What is her geometric average return?

a. 4.7%

b. 8.0%

c. 8.7%

d. 5.0%

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