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You have 7 returns numbers, as follows: 5% 8% 7% -10% 11% 8% 5% If you begin at Period Zero with $100. Then you follow
You have 7 returns numbers, as follows:
5% 8% 7% -10% 11% 8% 5%
If you begin at Period Zero with $100. Then you follow with seven consecutive periods having returns shown above. What is the Arithmetic Average of returns?
Multiple choice answers:
5.92%
4.86%
6.73%
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