Which time period should investors use when comparing mutual funds? Latest one-year return, ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one- year return, ending the most recent Dec31 No specific time period is necessarily better than any other

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 30P: Suppose that the return for a particular large-cap stock fund is normally distributed with a mean of...
Question
Which time period should investors use when comparing mutual funds? Latest one-year return,
ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one-
year return, ending the most recent Dec31 No specific time period is necessarily better than any other
Transcribed Image Text:Which time period should investors use when comparing mutual funds? Latest one-year return, ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one- year return, ending the most recent Dec31 No specific time period is necessarily better than any other
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