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You are interviewing for a job as portfolio analyst at the First National Bank of Northeast Okemos. To test your knowledge of the proper way

You are interviewing for a job as portfolio analyst at the First National Bank of Northeast Okemos. To test your knowledge of the proper way to present portfolio returns to a client, you are given the choices below (assume you are calculating for a period greater than 1 year). Which one is correct?

	Arithmetic Average
	Average Total Dollar Return
	Either Geometric Average of Arithmetic Average, whichever is higher
	Geometric Average

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