You can buy Vanguard's S&P 500 fund with an annual operating expense of 0.18 percent, or you

Question:

You can buy Vanguard's S&P 500 fund with an annual operating expense of 0.18 percent, or you can buy Morgan Stanley's S&P 500 fund with an annual operating expense of 1.40 percent. Given S&P 500 total returns for 2007-2011 of 5.49, 36.6, 26.46, 15.06, and 2.1 respectively, determine how much $10,000 invested in each fund on January 1, 2007, would be worth on December 31, 2011.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: