The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2015-2019) average annual compound rate of return. Also find its 3-year (2017-2019) average annual compound rate of return. If an investor bought the fund in 2015 at $10.00 a share and sold it 5 years later (in 2019) at $15.72, how much total profit per share would she have made over the 5-year molding period? This no-load fund's 5-year (2015-2019) average annual compound rate of return is %. (Round to two decimal places.)
The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2015-2019) average annual compound rate of return. Also find its 3-year (2017-2019) average annual compound rate of return. If an investor bought the fund in 2015 at $10.00 a share and sold it 5 years later (in 2019) at $15.72, how much total profit per share would she have made over the 5-year molding period? This no-load fund's 5-year (2015-2019) average annual compound rate of return is %. (Round to two decimal places.)
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
Problem 1PS
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Am. 393.
Transcribed Image Text:The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2015-2019) average annual
compound rate of return. Also find its 3-year (2017-2019) average annual compound rate of return. If an investor bought the fund in 2015 at
$10.00 a share and sold it 5 years later (in 2019) at $15.72, how much total profit per share would she have made over the 5-year
holding period?
This no-load fund's 5-year (2015-2019) average annual compound rate of return is %. (Round to two decimal places.)
Net investment income
Dividends from net investment income
Net realized and unrealized gains (or
losses) on security transactions
Distributions from realized gains
Net increase (decrease) in NAV
NAV at beginning of year
NAV at end of year
2019
$0.98
(0.95)
4.22
(1.06)
$3.19
12.53
$15.72
2018
$0.85
(0.85)
5.08
(1.00)
$4.08
8.45
$12.53
2017
$0.84
(0.85)
(2.18)
0.00
($2.19)
10.64
$8.45
2016
$0.75
(0.75)
2.65
(1.00)
$1.65
8.99
$10.64
2015
$0.64
(0.60)
(1.05)
0.00
($1.01)
10.00
$8.99
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