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Question
Use the following information to compute the simple arithmetic average return for Topwater Boats for the period from 2007 through 2012?
Year 1-year holding
period return
2007 u221210%
2008 12
2009 22
2010 27
2011 24
2012 28
a. 28.0%
b. 17.2%
c. 20.6%
d. 16.3%
e. None of the above.
Answer
This answer is hidden. It contains 11 characters.
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