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You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Year 2014 Beginning

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You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Year 2014 Beginning of Year Price $110 $115 $111 $114 # of Shares Bought or sold 270 bought 220 bought 245 sold 245 sold 2015 2016 2017 What is the geometric average return for the period

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