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Rates of Return An investor earned an arithmetic average return over 4 years of 13.9%. The first year's return was 14.4%, the second year's return
Rates of Return An investor earned an arithmetic average return over 4 years of 13.9%. The first year's return was 14.4%, the second year's return was -2.20%, the third year's return was 26.2%. What was the fourth year's return? multiple choice
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19.20%
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17.20%
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20.01%
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13.90%
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