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Compute the total and annual returns on the following investment86 Fifteen years after purchasing shares in a mutual fund for $6200, the shares are sold for $11,200. Question content area bottom Part 1 The the total return is enter your response here 80.6%. (Do not round until the final answer. Then round to one decimal place as needed.) The annual return is enter your response here %. (Do not round until the final answer. Then round to one decimal place as needed.)

Compute the total and annual returns on the following investment86 Fifteen years after purchasing shares in a mutual fund for $6200, the shares are sold for $11,200. Question content area bottom Part 1 The the total return is enter your response here 80.6%. (Do not round until the final answer. Then round to one decimal place as needed.) The annual return is enter your response here %. (Do not round until the final answer. Then round to one decimal place as needed.)

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Compute the total and annual returns on the following investment86 Fifteen years after purchasing shares in a mutual fund for $6200, the shares are sold for $11,200. Question content area bottom Part 1 The the total return is enter your response here 80.6%. (Do not round until the final answer. Then round to one decimal place as needed.) The annual return is enter your response here %. (Do not round until the final answer. Then round to one decimal place as needed.)
Transcribed Image Text:Compute the total and annual returns on the following investment86 Fifteen years after purchasing shares in a mutual fund for $6200, the shares are sold for $11,200. Question content area bottom Part 1 The the total return is enter your response here 80.6%. (Do not round until the final answer. Then round to one decimal place as needed.) The annual return is enter your response here %. (Do not round until the final answer. Then round to one decimal place as needed.)
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