Home Grown Grains stock returned 28.7 percent, 2.6 percent, 13.1 percent, and 11.8 percent over the past four years, respectively. What is the arithmetic average return for this period?
A) 14.05 percent
B) 14.62 percent
C) 15.10 percent
D) 15.93 percent
E) 16.01 percent
Correct Answer:
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