Suppose at the beginning of 2005 you decide to invest $20,000 in Driehaus' Emerging Markets Growth mutual
Question:
Suppose at the beginning of 2005 you decide to invest
$20,000 in Driehaus' Emerging Markets Growth mutual fund. The following table shows the returns for the years 2005-2009. R-96
a. Calculate and interpret the arithmetic mean return.
b. Calculate and interpret the geometric mean return.
c. How much money would you have accumulated by the end of 2009?
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