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  3. a stock has annual returns of 13%, 6%, 8%, 0%, -7%

A stock has annual returns of 13%, 6%, 8%, 0%, -7% for the past five...

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Finance

A stock has annual returns of 13%, 6%, 8%, 0%, -7% for the past five years. The arithmetic average of these returns is:

Group of answer choices

3.60%

4.20%

4.00%

3.40%

3.20%

Answer & Explanation Solved by verified expert
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