What was the annual geometric mean return over the entire


You invested $100,000 of your client's money in a portfolio of stocks. At the end of the first year the portfolio was worth $115,000. At the end of the second year the portfolio was worth $138,000. Then the market crashed, and during the third year the portfolio lost 40% of its value, what was the annual geometric mean return over the entire three-year period?

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Financial Management: What was the annual geometric mean return over the entire
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