On December 31, 2015, the Templeton Growth Fund fad sheet reported that $10,000 INVESTED IN TEMPLETON GROWTH
Question:
On December 31, 2015, the Templeton Growth Fund fad sheet reported that
$10,000 INVESTED IN TEMPLETON GROWTH FUND IN 1954 WOULD BE WORTH $10.43 MILLION TODAY.
What compound annual rate of return did the fund realize over this period (December 31, 1954 to December 31, 2015)?
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The fund earned 11207 1207 compounded ...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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