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  3. over the last 10 years, the return rate for the fi

Over the last 10 years, the return rate for the firm has been 15% three...

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Finance

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Over the last 10 years, the return rate for the firm has been 15% three (3) times, 18% five (5) times and 23% the rest of the years. There is no recognizable pattern. Calculate the expected return for next year

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