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The returns from an investment are 1 % in Year 1 , 3 % in Year 2 , and 2 . 8 % in the

The returns from an investment are 1% in Year 1,3% in Year 2, and 2.8% in the first half of Year 3. Calculate the annualized return for the entire period. (Round your intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

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