You purchased 300 shares of ripon inc stock 5 years ago and, Financial Management

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You purchased 300 shares of ripon inc stock 5 years ago and

You purchased 300 shares of Ripon Inc. stock 5 years ago and have earned annual returns of 12.4 percent, 22.1 percent, 6.4 percent, -22.3 percent, and 8.8 percent. What is your arithmetic average return?

7.35 percent

9.62 percent

5.48 percent

11.16 percent

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Financial Management: You purchased 300 shares of ripon inc stock 5 years ago and

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Financial Management: You purchased 300 shares of ripon inc stock 5 years ago and

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