Calculate the arithmetic average return, given annual returns of: Year 1 5.41% Year 2 7.64% Year

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Calculate the arithmetic average return, given annual returns of:

Year 1 5.41%

Year 2 7.64%

Year 3 -14.23%

Year 4 6.96%

Year 5 9.31%

Round the answer to two decimals places in percentage form. Please write % sign in the "units" box.

Related Book For answer-question

Corporate Finance

ISBN: 978-0071339575

7th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro

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Posted Date: Mar 26, 2024 02:23 PM

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Calculate the arithmetic average return, given annual returns of: Year 1 5.41% Year 2 7.64% Year

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To calculate the arithmetic average return youll sum up all the annual retu... View the full answer

Corporate Finance

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