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Your grandfather invested $ 1 , 0 0 0 in a stock 3 0 years ago. Currently, the value of his account is $ 3

Your grandfather invested $

1, 000

in a stock

30

years ago. Currently, the value of his

account is $

317, 000 .

What is his geometric return over this period?

Note: Do not round intermediate calculations. Enter your answer as a percent

rounded to

2

decimal places.

Geometric return

%

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