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John invested $ 1 , 0 0 0 in large U . S . stocks at the beginning of 2 0 1 7 . The

John invested $1,000 in large U.S. stocks at the beginning of 2017. The investment earned 16.21% in 2017.11.96% in 2018 and 7.5% in 2019. What was the average annual return (geometric) that John earned during this three-year period? (Provide your answer as a % and round to two (2) decimal places)
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