An analyst obtains the following annual rates of return for a mutual fund, which are presented in
Question:
An analyst obtains the following annual rates of return for a mutual fund, which are presented in Exhibit 3.
The fund’s holding period return over the three-year period is closest to:
A. 0.18 percent.
B. 0.55 percent.
C. 0.67 percent.
Transcribed Image Text:
Exhibit 3: Mutual Fund Performance, 20X8-20X0 Year 20X8 20X9 20X0 Return (%) 14 -10 -2
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B is correct The funds threeyear ...View the full answer
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Devika Krishnan
Hi I'm Dr. Devika Krishnan and I am a professional medical practitioner / doctor for more than 25 years. I have completed and earned my MBBS in 1996, soon after I was working for various hospitals as a General practitioner like the cosmopolitan hospital, SP fort hospital, PRS hospital and the NIMS hospital. I had also received my MHA degree in 2014 and have experience in hospital administration. I have experience in teaching various administrative and medical classes to students and various staff. I am currently working and residing in Abu Dhabi, UAE and work as the general
Practitioner in the NMC ROYALE hospital, U.A.E. I am also an active international member in the Royal college of General Practitioners and earned my MRCGP [INT]. I'm looking forward to teaching online through this platform which I've heard from various colleagues and doctors.
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