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The past five monthly returns for Kohls are 3.74 percent, 4.12 percent, -1.88 percent, 9.35 percent, and -2.76 percent. What is the average monthly return?

The past five monthly returns for Kohls are 3.74 percent, 4.12 percent, -1.88 percent, 9.35 percent, and -2.76 percent. What is the average monthly return? (Round your answer to 3 decimal places.)

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