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You own a stock that had returns of 12.00 percent, 16.10 percent, 21.20 percent, and 19.70 percent over the past four years. What was the
You own a stock that had returns of 12.00 percent, 16.10 percent, 21.20 percent, and 19.70 percent over the past four years. What was the arithmetic average return for this stock?
Multiple Choice
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9.20%
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8.63%
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8.05%
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9.97%
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9.57%
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