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2 weeks ago
The  S&P 500 index delivered a return of 15%, 20%, 20%, -25% over four successive years.  What is the arithmetic average annual return per year?

▸ 7.5%

▸ 8.5%

▸ 9.5%

▸ 6.5%
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
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2 weeks ago
7.5%
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