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Suppose the rate of returns on common stocks over a 4-year period were as follow: 10% -5% 10% 5% To find the mean annual growth
Suppose the rate of returns on common stocks over a 4-year period were as follow:
10% -5% 10% 5%
To find the mean annual growth rate, one should use the __; the mean annual growth rate is __. A) arithmetic mean; 5% B) weighted mean; undefined because we do not know the weights C) geometric mean; 4.8%
D) median; 7.5%
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