1. [No Excel] I invested in the Fidelity Low Price Stock Fund in 2017. Suppose the prices of the fund were $45.50, $47.80, $49.60, $52.00, and $56.9 at the beginning of January, April, July, October, and January 2018, respectively. In addition, it also paid S4 dividends at the end of September. (a) What was the annualized return of Fidelity Low Price Stock Fund? If I only invested in the first 6 months, what was the annualized return of the fund? At the beginning of 2017,I invested $1,000 in the fund. But I beginning of April, and then added back the $500 into the fund at the beginning of October. What was my account value at the beginning of October? What was my annualized return? Comparing with the annualized return in the first part of (a), why are they so different? (b) redeemed $500 from the Fund at the (c) Set up the equation to compute my dollar weighted annual return in (b)? Does there exist a dollar weighted return? If yes, what is it? If not, why not? (d) What was my time weighted annual return in (b)? (e) IfI did exactly the opposite as in (b), what was my total investment value at the beginning of October 2017? What can you say about market timing? (f) What was my dollar weighted annual return in (e)