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What is the annualized (arithmetic) return of a 4-year investment that yielded 5% in year 1, 3% in year 2, lost 1% in year 3
What is the annualized (arithmetic) return of a 4-year investment that yielded 5% in year 1, 3% in year 2, lost 1% in year 3 and yielded 6% in year 4? --> the answer should be 3.25% I just need the work
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