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You make an investment and the annual returns are as follow: YEAR RETURN 1 25% 2 3% 3 -18 4 -10 5 15 The average

You make an investment and the annual returns are as follow:

YEAR RETURN

1 25%

2 3%

3 -18

4 -10

5 15

The average annual return is 3 %. What is the true annualized return?

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