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A stock had returns of 6 percent, 39 percent, and -3 percentover the past 3 years. What is the mean of the stock’s returns overthe past 3 years minus the sample standard deviation of the stock’sreturns from the past 3 years? Answer as a rate in decimal formatso that 12.34% would be entered as .1234 and 0.98% would be enteredas .0098.
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