Question: 2 EXERCISE IV.B.1. Over a 10 year period, a mutual fund grew by 15% in 5 of the 10 years and grew by 5% in

2 EXERCISE IV.B.1. Over a 10 year period, a mutual fund grew by 15% in 5 of the 10 years and grew by 5% in the other 5. The average of these rates is 10%. Find its effective annual rate of return, i.e. the number r such that the fund's price after 10 years is So(1+r)10. EXERCICE TV DOD

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