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You have been following a stock for 4 months and the following is its past return Year 1: 5% Year 2: 16% Year 3: -1%
You have been following a stock for 4 months and the following is its past return
Year 1: 5%
Year 2: 16%
Year 3: -1%
Year 4: -2%
What is the expected return based on historical data? (Put answer in decimal points instead of percentage)
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