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Question
Tristar Growth Mutual Fund reported annual holding period returns of 22 percent in 2010, 25 percent in 2011, and 31 percent in 2012. What was the simple arithmetic average return generated by Tristar for the period 2010 through 2012?
a. 31.0%
b. 33.3%
c. 26.0%
d. 28.0%
e. 25.0%
Answer
This answer is hidden. It contains 11 characters.
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