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Question 54 (1 point) Saved Which one of the following best describes an arithmetic average...

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Question 54 (1 point) Saved Which one of the following best describes an arithmetic average return? Total return divided by N - 1, where N equals the number of individual returns Average compound return earned per year over a multiyear period Total compound return divided by the number of individual returns Return earned in an average year over a multiyear period Positive square root of the average compound return

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