The All-State Mutual Fund has the following 5-year record of performance: Find this no-load funds 5-year (20092013)
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Find this no-load funds 5-year (20092013) average annual compound rate of return. Also find its 3-year (20112013) average annual compound rate of return. If an investor bought the fund in 2009 at $10.00 a share and sold it 5 years later (in 2013) at $15.72, how much total profit per share would she have made over the 5-year holding period?
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Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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