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What was the arithmetic average return on each stock

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Question - The rates of return on Cherry Jalopies, Inc., stock over the last five years were 20 percent, 11 percent, -9 percent, 5 percent, and 8 percent. Over the same period, the returns on Straw Construction Company's stock were 16 percent, 19 percent, -2 percent, 2 percent, and 15 percent. What was the arithmetic average return on each stock over this period?

Reference no: EM133102303

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