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The returns from an investment are 3% in Year 1,6% in Year 2, and 7.8% in the first half of Year 3. Calculate the annualized

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The returns from an investment are 3\% in Year 1,6\% in Year 2, and 7.8% 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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