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The geometric average annual return for a large capitalization stock portfolio is 12% for ten years and 6% per year for the next five years.
The geometric average annual return for a large capitalization stock portfolio is 12% for ten years and 6% per year for the next five years. The geometric average annual return for the entire15-year periodis:
A.
9.96%
B.
9.47%
C.
10.46%
D.
10.96%
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