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Suppose that the NASDAQ Composite index hit a level of 4,680 in February of 2005. In February of 1991 it was at a level 2,044.

Suppose that the NASDAQ Composite index hit a level of 4,680 in February of 2005. In February of 1991 it was at a level 2,044. What was the annual average compound growth rate over theperiod? (Round to two decimal places.)

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