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Question An investment earns the following rates of the return over a four-year period: Year 1: 5% Year 2: 10% Year 3: -10% Year 4: 10% What annually compounded rate of return did this investment earn? A) 3.28% B) 3.41% C) 3.59% D) 3.75%

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Question

An investment earns the following rates of the return over a four-year period: Year

1:  5%

Year 2: 10%

Year 3: -10%

Year 4: 10%

What annually compounded rate of return did this investment earn?

A) 3.28%

B) 3.41%

C) 3.59%

D) 3.75%

 
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