Question: You have until 5:00 PM to complete this assignment. Intro LPMI, an exchange traded fund, provides investors with daily results equal to 250% of the
You have until 5:00 PM to complete this assignment. Intro LPMI, an exchange traded fund, provides investors with daily results equal to 250% of the performance of the Precious Metals Index. Part 1 Attempt 1/1 The daily returns of the Precious Metals Index over the prior five days are 11%,21%,16%,4%, and 7%. What is the total return of LPMI over the five days? Part 2 Attempt 1/1 Another exchange traded fund, IPMI, provides investors with daily results equal to 100% of the performance of the Precious Metals Index. What is the total return of IPMI over these days
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