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The S & P 500 index delivered a return of 20%, -10%, 25% and 5% over four successive years. What is the arithmetic average annual
The S & P 500 index delivered a return of 20%, -10%, 25% and 5% over four successive years. What is the arithmetic average annual return per year?
A. 12%
B. 15%
C. 10%
D. 11%
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
