What is my arithmetic average return
Question:
I purchased 600 shares of stock 5 years ago and have earned annual returns of 36.9 percent, 41.3 percent, 28.7 percent, 3.0 percent and 9.6 percent. What is my arithmetic average return?
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Earned annual returns of 36.9 percent, 41.3 percent, 28.7 percent, 3.0 percent and 9.6 percent. What is my arithmetic average return?
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