Question: QUESTION 13 A mutual fund earned an arithmetic average return of 7.8% between January 1, 2012 and December 31, 2019. The geometric average return during

QUESTION 13 A mutual fund earned an arithmetic average return of

QUESTION 13 A mutual fund earned an arithmetic average return of 7.8% between January 1, 2012 and December 31, 2019. The geometric average return during the same period was 6.9%. If the market value of the portfolio at the beginning of 2012 was $1 million, what was the market value of the portfolio in $million at the end of 2019? A. 1.595 OB. 1.824 O C. 1.705 O D. 1.692

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Open the Customer Order Excel file in Tableau. Create a line chart showing yearly Profit. What can you conclude? Check all that apply. We can also use a pie chart to visualize the yearly profit data....

A mutual fund earned an arithmetic average return of 7.8% between January 1, 2012 and December 31, 2019. The geometric average return during the same period was 6.9%. If the market value of the...

John and Jane Doe are married retired taxpayers who care for their three-year-old grandson. The following information was provided to you as documentation necessary to prepare their 2017 tax return....

Dividend Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid. Date Jan 1 Feb 5 May 14...

Markadel Retail Store Income Statement Data From January 1 through December 31, 2012, and 2013 Vertical Analysis 2012 (%) 101.73 Horizontal Analysis 2012- 2013 (%) Year 2012 Year 2013 Account Gross...

DO ALL PARTS PLEASE 1. 2. 3. 4. Consider two local banks. Bank A has 75 loans outstanding, each for $1.0 million, that it expects will be repaid today. Each loan has a 6% probability of default, in...

Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid. Date Price Dividend Jan 1 $33.71...

spreadsheet contains monthly returns to a stock fund and a bond fund as well as the risk-free return from January 2000 to September 2019. A. [2 points] Compute the arithmetic average monthly returns...

Operations Effectiveness. Does it appear that the Mayo Clinic management team is operating effectively as a nonprofit organization? Are they controlling operations? Why or why not? What evidence can...

1. Assume stocks A and B have had identical stock prices every day for the past three years. Stock A pays a dividend but Stock B does not. Which one of these statements applies to these stocks for...

Prove that if U and W are both three-dimensional subspaces of R5 then U W is non-trivial. Generalize.

In Problems, use symmetry to help you evaluate the given integral. (a) (b) (c) (d) (sin x + cos x) dx 1(1 + 2)4 sin x 1cos x x cos(x) d:x

The grace period is the period of time before a penalty will be assessed for late payment. interest begins to accrue on new transactions. the lender will increase the interest rate on the credit...

K7p-Bag Company operates two segments, A and Z. The following information is available for the most recent month: KZP-Ba9 Company: Net income Common fixed costs $ 37,000 $ 58,000 Segment A:...