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Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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You own a stock that had total returns of -3.59, -4.05, 6.89, 13.26, -5.01, 11.96, 5.31 (all in percent) over the last seven years. What is the arithmetic average return for this stock? Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35).
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