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 $10.15 a share and sold it 5 years later (in 2019) at $16.05, 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.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) 2017 2019 2018 2016 2015
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 $10.15 a share and sold it 5 years later (in 2019) at $16.05, 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.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) 2017 2019 2018 2016 2015
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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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 $10.15 a share and sold it 5 years later (in 2019) at $16.05, 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.)
Data table
(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)
2019
2018
2017
2016
2015
Net investment income
$0.91
$0.91
$0.86
$0.79
$0.69
Dividends from net investment income
Net realized and unrealized gains (or
(0.91)
(0.86)
(0.87)
(0.74)
(0.66)
4.24
5.12
(2.10)
2.72
(1.08)
losses) on security transactions
Distributions from realized gains
(1.05)
(1.04)
0.00
(1.03)
0.00
Net increase (decrease) in NAV
$3.19
$4.13
($2.11)
$1.74
($1.05)
NAV at beginning of year
NAV at end of year
12.86
8.73
10.84
9.10
10.15
$16.05
$12.86
$8.73
$10.84
$9.10
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