Ononot — An investor buys a stock whose value changes over three cons

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An investor buys a stock whose value changes over three consecutive years as follows:

Year 1: Increases by $20\%$

Year 2: Decreases by $10\%$

Year 3: Increases by $35\%$ Let $R_g$ be the average annual growth rate (compound annual growth rate, or CAGR) over this 3-year period. Which of the following statements is/are correct?