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Previous Page Next Page Page 4 of 42 Question 4 (1.25 points) Saved An investment had annual holding period returns of 15%, 12%, and -10%

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Previous Page Next Page Page 4 of 42 Question 4 (1.25 points) Saved An investment had annual holding period returns of 15%, 12%, and -10% for the last three years. What are the arithmetic average of the rate of returns on the investment? a) 5.67% b) 7.12% c) 6.10% d) 5.9% 5.33% Previous Page Next Page Page 4 of 42

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