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What is the geometric average rate of return based on the following series of annual returns for XYZ Co? Year Return 1 18% 2 -3%
What is the geometric average rate of return based on the following series of annual returns for XYZ Co?
| Year | Return |
| 1 | 18% |
| 2 | -3% |
| 3 | 27% |
| 4 | 5% |
| 5 | -36% |
| 6 | 14% |
| 7 | 8% |
| 8 | 1% |
Answer Choices:
| 2.46% |
| 3.56% |
| 102.5% |
| 4.0% |
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Risk Sharing Finance
Authors: Bakkali Mirakhor, Saad Abbas
1st Edition
3110590468, 978-3110590463
