Question: Given the following historical returns, what is the Arithmetic Average Return? Year 1 = 11%; year 2 = -6%; year 3 = 21%. 8.67% 7.00%

Given the following historical returns, what is the Arithmetic Average Return? Year 1 = 11%; year 2 = -6%; year 3 = 21%.

  1. 8.67%
  2. 7.00%
  3. 26.19%
  4. 8.08%

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