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Over the last four years, a stock has had an Arithmetic Average return of 13%. Three of those four years produced returns of 22%, 15%,
Over the last four years, a stock has had an Arithmetic Average return of 13%. Three of those four years produced returns of 22%, 15%, and -24%, respectively. What is the Geometric Average return for this four-year period? A) 11.67% B) 4.77% C) 10.34% D) 6.50% E) 12.40%
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