11.3

The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2015-2019) average annual compound rate of return. Also find its 3-year (2017-2019) average annual compound rate of return. If an investor bought the fund in 2015 at $10.00 a share and sold it 5 years later (in 2019) at $15.72, how much total profit per share would she have made over the 5 -year holding period? Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)