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Question

ake a Test Google Chrome Secure : https//wwww mathd nt/PlayerTest.aspx?testld Principles of Business Finahkene Test: Exam 2 Time Remaining: 02 4121 Submit Test This Question: 1 pt 37 of 41 (7 complete This Test: 41 pts possible Use the following to answer th following question(s) Roddy Richards invested $12014 88 in Wolverine Meat Distibutors (W M.D) tive years ago The Investment had yearly arithmotic returns of-97%,-8.1%, 15%, 7.296, and 1549. What is th* arithmetic average return of Roddy Richard's investment? OA. 151% OB. 396% C. 242% on 518%

Explanation / Answer

arithmetic average return = Sum of all returns / no of periods arithmetic average return = (-9.7% + (-8.1%)+15% + 7.2% + 15.4%)/5 3.96% Ans = 3.96%

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