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You have the following rates of return for a risky portfolio for several recent years: 2013 35.23% 2014 18.67% 2015 9.87% 2016 23.45% The annualized

You have the following rates of return for a risky portfolio for several recent years: 2013 35.23% 2014 18.67% 2015 9.87% 2016 23.45% The annualized (geometric) average % return on this investment is _____.

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