Suppose you continued to hold onto the stock index fund. Over the subsequent three months, your portfolio value first dipped to $7,920 at the end of the second month, then increased to $8,010 at the end of the third month, and finally climbed to $8,220 at the end of the fourth month. 

What was your monthly return for each of the three months?

Answer rating: 100% (QA)

To calculate the monthly return for each of the three months we need to use the formula Monthly Re... View the full answer