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You bought $20,000 of Futura's stocks four years ago (at time = 0) and recorded the stock prices as follows: Time: Index: 0 33 1

You bought $20,000 of Futura's stocks four years ago (at time = 0) and recorded the stock prices as follows:

Time: Index:

0 33

1 27

2 34

3 47

4 52

What is the arithmetic average annual return?

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