Question: Calculate the arithmetic average return, given annual returns of: Year 1 8 . 8 3 % Year 2 5 . 3 9 % Year 3

Calculate the arithmetic average return, given annual returns of:
Year 18.83%
Year 25.39%
Year 3-6.03%
Year 45.14%
Year 53.88%
Round the answer to two decimals places in percentage form.

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