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Michael has an investment with the following annual returns for four years: Year 1: -3.14% Year 2: 2.82% Year 3: 6.41% Year 4: 8.37% What
Michael has an investment with the following annual returns for four years:
Year 1: -3.14% Year 2: 2.82% Year 3: 6.41% Year 4: 8.37%
What is the geometric mean (GM)?
Your answer should be in % rounded to 2 decimal places.
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