You purchased 1,500 shares of KFC stock five years ago and have earned annual returns of 7.1 percent,11.2 percent,5.25 percent,-4.7 percent,and 11.8 percent,respectively.What is your arithmetic average return?
A) 4.47 percent
B) 6.13 percent
C) 6.23 percent
D) 6.47 percent
E) 8.01 percent
Correct Answer:
Verified
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