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i need the answer asap QUESTION 12 The geometric average of -12%, 20%, and 25% is o 11% 18.88% 9.7% 8.42%

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Answer #1

Geometric average=[(1+rate 1)(1+rate 2)(1+rate 3)]^(1/3)

=[(1-0.12)(1+0.2)(1+0.25)]^(1/3)

Which is equal to

=9.7%(approx)

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