Describe the relative advantage of each type of performance indicator.

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Over the past four years, the Dow Jones Industrial Average (DJIA) delivered annual returns of 12%, -3%, 18%, and 9%. What is the arithmetic average annual return per year? a) 10.25% b) 8.50% c) 9.00% d) 9.75%

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Chapter 14, Problem 39E

To determine

Describe the relative advantage of each type of performance indicator.

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