An investor evaluating the returns of three recently formed investment funds gathers the following information: Investment Fund
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Question:
An investor evaluating the returns of three recently formed investment funds gathers the following information:
Investment Fund | Time since inception | Return since inception |
1 | 146 days | 4.61% |
2 | 5 weeks | 1.10% |
3 | 15 MONTHS | 14.35% |
Identify the fund with the highest annualised rate of return.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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