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You have the following rates of return for a risky portfolio for several recent years....

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Finance

You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends.
Year Beginning of
Year Price Number of Shares
Bought or Sold
2016 $40130 bought
2017 $4580 bought
2018 $41105 sold
2019 $44105 sold
What is the geometric average return for the period?
Multiple Choice
6.48%
2.41%
3.23%
4.88%

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