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QUESTION

The investment portfolio of your business is valued at $374,000 today. Exactly 3 years ago, this same investment portfolio was valued at $403,000.

The investment portfolio of your business is valued at $374,000 today. Exactly 3 years ago, this same investment portfolio was valued at $403,000. 

Calculate the average annual percentage change to this investment portfolio over the past 3 years.

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