The following table shows the annual returns (in percent) for the Fidelity Latin America Fund and the

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The following table shows the annual returns (in percent) for the Fidelity Latin America Fund and the Fidelity Canada Fund from 2005 through 2009.

a. Which fund had the higher average return?
b. Which fund was riskier over this time period?
c. Given a risk-free rate of 3%, which fund has the higher Sharpe ratio? What does this ratioimply?

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Essentials Of Business Statistics Communicating With Numbers

ISBN: 9780078020544

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Jan 28, 2015 08:57 AM

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The following table shows the annual returns (in percent) for the Fidelity Latin America Fund and the

Question:

Year 2005 2006 2007 2008 2009 Latin America 55.17 44.33 43.71 54.64 91.60 Canada 27.89 15.04 35.02 42.64 39.63

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a The Fidelity Latin America Fund has a higher average return b s LA ...View the full answer

Essentials Of Business Statistics Communicating With Numbers

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