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Stockton Co. has the annual returns of 12%, -5%, and 20% in the past three years. What is its geometric average annual return for the
Stockton Co. has the annual returns of 12%, -5%, and 20% in the past three years. What is its geometric average annual return for the past three years?
9.00 percent | ||
6.56 percent | ||
7.05 percent | ||
8.49 percent |
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