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The Geometric Average Annual Return for a Large Capitalization Stock

Question 34

Multiple Choice

The geometric average annual return for a large capitalization stock portfolio is 10% for ten years and 6% per year for the next five years. The geometric average annual return for the entire 15 year period is ________.


A) 9.08%
B) 8.65%
C) 8.22%
D) 9.52%

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