A stock had returns of 16.27 percent, 24.18 percent, ?12.29 percent, and 9.62 percent over four of the past five years. The arithmetic average return over the five years was 13.28 percent. What was the stock return for the missing year?

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Answer rating: 100% (QA)

We can find the missing stock return using the following steps Calculate the sum of kn... View the full answer