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Suppose that returns in successive years are 1 5 % , 2 0 % , - 3 0 % , - 2 0 % and

Suppose that returns in successive years are 15%,20%,-30%,-20% and 25%. What is the geometric rate of return?
Question 13Select one:
a.
2%
b.
7%
c.
-7%
d.
-0.7%
e.
12.4%

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