At the end of 2009, the RBC Canadian Dividend Fund was the largest equity mutual fund in

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At the end of 2009, the RBC Canadian Dividend Fund was the largest equity mutual fund in Canada. The aggregate market value of its holdings at the end of 2009 was $9.995 billion. The fund’s annual returns in successive years from 2000 to 2009 inclusive were 28.3%, 4.4%, -0.5%, 23.5%, 12.9%, 21.1%, 15.1%, 3.0%, -27.0%, and 27.3%, respectively. For the 3-year, 5-year, and 10-year periods ended December 31, 2009, what were the fund’s equivalent annually compounded returns?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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