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What is the geometric rate of return for a stock that has experienced the following prices? Year 1 = $25 Year 2 = $32 Year
What is the geometric rate of return for a stock that has experienced the following prices?
Year 1 = $25
Year 2 = $32
Year 3 = $35
Year 4 = $37
a. 11.29%. b. 12.78%. c. 13.25%. d. 13.96%. e. 14.05%
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