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Rates of Return An investor earned an arithmetic average return over 4 years of 14.0%. The first year's return was 14.5%, the second year's return
Rates of Return An investor earned an arithmetic average return over 4 years of 14.0%. The first year's return was 14.5%, the second year's return was -2.00%, the third year's return was 26.5%. What was the fourth year's return?
18.99%
19.80%
17.00%
14.00%
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