Question: The All-State Mutual Fund has the following five-year record of performance: Find this no-load fund's five-year (2012-2016) average annual compound rate of return. Also find

The All-State Mutual Fund has the following five-year record of performance:

The All-State Mutual Fund has the following five-year record of

Find this no-load fund's five-year (2012-2016) average annual compound rate of return. Also find its three-year (2014-2016) average annual compound rate of return. If an investor bought the fund in 2012 at $10.00 a share and sold it five years later (in 2016) at $15.72, how much total profit per share would she have made over the five-year holding period?

Net investment income Dividends from net investment income Net realized and uneaized gains (or 2016 $0.98 0.95) 4.22 2015 S 0.85 (0.85) 5.08 2014 S 0.84 0.85) (2.18) 2013 $ 0.75 (0.75) 2.65 2012 S 0.64 (0.60) 1.05) losses) on security transactions Distributions from realized gains Net increase (decrease) in NAV NAV at beginning of year NAV at end of year S 3.19 S12.53 $15.72 4.08 S 8.45 $12.53 (S 2.19) S 10.64 $ 8.45 $1.65 S 8.99 $10.64 $ 1.01) $10.00 $8.99

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