What was the fourth years return

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Reference no: EM131497597

Rates of Return An investor earned an arithmetic average return over 4 years of 12.9%. The first year's return was 13.4%, the second year's return was -4.20%, the third year's return was 23.2%. What was the fourth year's return?

12.90%

22.20%

21.39%

19.20%

Reference no: EM131497597

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