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Your grandfather invested $1,000 in a stock 48 years ago. Currently the value of his account is $320,000. What is his geometric return over this

Your grandfather invested $1,000 in a stock 48 years ago. Currently the value of his account is $320,000. What is his geometric return over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

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