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Stock x has the following returns. -8.67%, 22.00%, 27.00%, and 20.67% in the four out of the last five years. If the average return is
Stock x has the following returns. -8.67%, 22.00%, 27.00%, and 20.67% in the four out of the last five years. If the average return is 12.4666% then what was the return in the fifth year? Please show work.
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