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A Particular Stock Had Year-End Prices of $45, $43, $54

Question 62

Multiple Choice

A particular stock had year-end prices of $45, $43, $54, and $61 over the past four years, respectively. What was the arithmetic average return of the stock?


A) 7.90%
B) 8.52%
C) 10.04%
D) 10.67%
E) 11.37%

Correct Answer:

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