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Question 7 Suppose a mutual fund results in the following 5 - year return values: 1 . 4 8 % ( 2 0 1 6

Question 7
Suppose a mutual fund results in the following 5-year return values: 1.48%(2016),10.59%(2017),15.68%(2018),-7.68%(2019), and 23.22%(2020). Based on these values, calculate the geometric average return.

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