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Over the last 4 years, the common stock of ABC corp. has had an arithmetic average return of 7.1 percent. Three of those four years
Over the last 4 years, the common stock of ABC corp. has had an arithmetic average return of 7.1 percent. Three of those four years produced returns of 15.6 percent, 4.7 percent, and 9.6 percent, respectively. What is the geometric average return for this four-year period?
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