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Vignette Stonemoss invested in an index tracking ETF 4 years ago. The rate of return on the investment was 17.6% during the first year, 12.3%

Vignette Stonemoss invested in an index tracking ETF 4 years ago. The rate of return on the investment was 17.6% during the first year, 12.3% during the second year, 2.9% during the third year and 9.1% in the fourth year. Calculate the average rate of return that Vignette made on this investment.

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