An investor is evaluating the returns of three recently formed exchange-traded funds. Selected return information on the
Question:
An investor is evaluating the returns of three recently formed exchange-traded funds. Selected return information on the exchange-traded funds (ETFs) is presented in Exhibit 16.
1. Which ETF has the highest annualized rate of return?
A. ETF 1
B. ETF 2
C. ETF 3
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