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The past five monthly returns for Kohls are 3 . 6 2 percent, 3 . 8 2 percent, 1 . 7 6 percent, 9 .

The past five monthly returns for Kohls are 3.62 percent, 3.82 percent, 1.76 percent, 9.29 percent, and 2.64 percent. What is the average monthly return? (Round your answer to 3 decimal places.)

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