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What would be the geometric mean rate of return

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Question 1: A company's stock price rose 5.6% in 2017, and in 2018 it increased 27.5%. What would be the geometric mean rate of return for the two-year period 2017-2018. If they bought $2000 of company's stock at the start of 2017, what was the value at the end of 2018?

Reference no: EM132570301

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