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The S&P 5 0 0 index delivered a return of 2 0 % , 2 5 % , 2 5 % , and - 3

The S&P 500 index delivered a return of 20%,25%,25%, and -30% over four successive years. What is the arithmetic average annual return for four years?
A.9%
B.14%
C.12%
D.10%
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