Question

The All-State Mutual Fund has the following 5-year record of performance:
Find this no-load fund’s 5-year (2009–2013) average annual compound rate of return. Also find its 3-year (2011–2013) average annual compound rate of return. If an investor bought the fund in 2009 at $10.00 a share and sold it 5 years later (in 2013) at $15.72, how much total profit per share would she have made over the 5-year holding period?


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  • CreatedApril 28, 2015
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