Show the steps and formula please

QUESTION 1: (8 marks) On 31 March 2014, Mr. Kasim Selamat bought 30,000 units of Small Cap Equity Fund (SCEF) at Net Asset Value (NAV) of RM0.60 sen per unit when the KLCI was recorded at 1,671.63 points. Its sale charge then was 5.0% per unit. (Ignore GST) Over its holding period, he did not receive any distribution. On 31t March 2016, when the KLCI moved to 1,810.21 points, he sold all his units at NAV of RMO.69 sen per unit. a) What was Kasim's holding period return and his dollar return? b) Did his investment perform better than the market? Explain. c) Calculate the market, and Kasim's compounded average return d) Why is the compounded average return considered to be a better measure than the (3 marks) (1.5 marks) (2.5 marks) arithmetic average rate of return? Explain (1 marks)