Marie and Brian Hume purchased 100 shares of a Canadian utility stock in January 2015. They calculated
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Marie and Brian Hume purchased 100 shares of a Canadian utility stock in January 2015. They calculated annual shareholder return to be 5 percent, −3 percent, and 7 percent for the years 2015, 2016, and 2017, respectively. What was the annual average compound return of their investment to the end of 2017?
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