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Using the following returns, calculate the arithmetic average return of Stock A: Year Stock A Returns 1 16% 2 30% 3 11% 4 -23% 5

Using the following returns, calculate the arithmetic average return of Stock A:

Year

Stock A Returns

1 16%
2 30%
3 11%
4 -23%
5 10%

Group of answer choices

7.20%

7.80%

9.20%

8.80%

8.00%

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