What was the arithmetic average annual return for the stock

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Reference no: EM131514963

Eugene stock had returns of 21.70% (1 year ago), 2.40% (2 years ago), X (3 years ago), and -14.60% (4 years ago) in each of the past 4 years. Over the past 4 years, the geometric average annual return for Eugene stock was 2.85%. What was the arithmetic average annual return for the stock over the past 4 years?

Reference no: EM131514963

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