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One dollar invested in 10-year Treasury bonds in December 1927 would have been worth $70.62 in December 2015. Calculate the annual geometric return to a
One dollar invested in 10-year Treasury bonds in December 1927 would have been worth $70.62 in December 2015. Calculate the annual geometric return to a portfolio of 10-year Treasury bonds over those eighty-eight years using only the numbers.
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