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William invested $1,000 in large U.S. stocks at the beginning of 2012. This investment earned 16.50 percent in 2012, 31.30 percent in 2013, 13.00 percent in 2014, and 3.00 percent in 2015. What return did he earn in the average year during the 2012-2015 period? (Round answer to 2 decimal places, e.g. 1.52.)
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Return earned in the average year %
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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