Question 9 of 9 The mutual fund you invested in performed very well recently and generated a 30.2% effective rate of return in the last year. If the mutual fund generated a total of 17.4% return over the past 6 years, what was the fund's effective rate of return over the first 5 years? % Round to four decimal places

Question 9 of 9 The mutual fund you invested in performed very well recently and generated a 30.2% effective rate of return in the last year. If the mutual fund generated a total of 17.4% return over the past 6 years, what was the fund's effective rate of return over the first 5 years? % Round to four decimal places

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 8FPE

See similar textbooks

Similar questions

QUESTION 9 An investor has decided to invest $175.00 per month in a mutual fund. This type of mutual fund has historically returned an average of 5.75% per year over the last 10 years. The investor understands that historical returns are not indicative of future returns, but wants to project a potential amount that might be available after 5 years of making these monthly investment. What amount might be available at the end of the 5-year period using this historical return number?
Question 4 A mutual fund had the following returns: Year 1: 20% Year 2: -20% Year 3: 10% Year 4: -8% Year 5: 12% What is the average annualized return over the 5 year period? 8.81% 1.70% 1.86% 2.8%
Give typing answer with explanation and conclusion that
Give typing answer with explanation and conclusion A mutual fund earned an average annual return of 9.0% over the last 5 years. During that time, the average risk-free rate was 0.8% and the average market return was 6.7%. If the fund has beta of 0.96, what was its annual alpha? Answer in percent, rounded to two decimal places. (e.g., 4.32% = 4.32).
7. Impacts of Costs on Returns. A mutual fund has a 1.69% expense ratio and begins with a $124.655 NAV. It experiences the annual returns shown below. What are the end-of-year NAVs after fees for each year? What are the after-fee returns each year?
Part C: What is the standard deviation of the 10 years of returns?
2
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Which mutual fund performed better? Please show steps in Excel Year Stivers Trippi 1 11,000 5,600 2 12,000 6,300 3 13,000 6,900 4 14,000 7,600 5 15,000 8,500 6 16,000 9,200 7 17,000 9,900 8 18,000 10,600
Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table: Which of the two mutual funds performed better over this time period?
Question enclosed in the image
Suppose that you initially invested $10,000 in the Stivers mutual fund and $5,000 in theTrippi mutual fund. The value of each investment at the end of each subsequent year isprovided in the table:Year Stivers ($) Trippi ($)1 11,000 5,6002 12,000 6,3003 13,000 6,9004 14,000 7,6005 15,000 8,5006 16,000 9,2007 17,000 9,9008 18,000 10,600Which of the two mutual funds performed better over this time period?
ff1