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Posts: 174
2 weeks ago
The S&P 500 index delivered a return of 20%, -10%, 25%, and 5% over four successive years.  What is the arithmetic average annual return per year?

▸ 15%

▸ 10%

▸ 11%

▸ 12%
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
Authors:
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2 weeks ago
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10%
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2 weeks ago
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