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Big Town Markets Common Stock Returned 14

Question 76

Multiple Choice

Big Town Markets common stock returned 14.3, 12.5, 9.9, 6.5, and 11.1 percent, respectively, over the past five years. What is the arithmetic average return?


A) 10.86%
B) 11.04%
C) 11.66%
D) 12.20%
E) 13.80%

Correct Answer:

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