Distinguish between a fund's cumulative total return and its average annual total return over a given time

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Distinguish between a fund's cumulative total return and its average annual total return over a given time period, say, five years.

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Personal Finance An Integrated Planning Approach

ISBN: 978-0136063032

8th edition

Authors: Ralph R Frasca

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Question Posted: Mar 19, 2015 10:44 AM

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Distinguish between a fund's cumulative total return and its average annual total return over a given time

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The cumulative total return of a mutual fund is the amount of ret...View the full answer

Personal Finance An Integrated Planning Approach

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