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. 

image text in transcribed

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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: