The ending wealth after five years was $1.4283 per dollar invested in the Income Fund and $1.2940
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Question:
The ending wealth after five years was $1.4283 per dollar invested in the Income Fund and $1.2940 per dollar invested for the Growth fund. What were the annual average returns for each fund for this five-year period? Select the correct answer below.
A) Income Fund = 7.39%
Growth Fund = 5.29%
B) Income Fund = 5.29%
Growth Fund = 7.39%
C) Income Fund = 6.19%
Growth Fund = 4.09%
D) Income Fund = 4.09%
Growth Fund = 6.19%
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