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2 . Suppose you are looking at Exchange Trade Funds ( ETF ) to start your Roth IRA investment. More specifically, you are looking at

2. Suppose you are looking at Exchange Trade Funds (ETF) to start your Roth IRA investment. More specifically, you are looking at the Vanguard Growth Index Fund ETF (Ticker VUG). Below are graphs illustrating historical performance for the fund.
Given that with a $10,000 investment in VUG in 2011, the cumulative growth as of the end of 2020 in VUG is $46,109. Calculate AND interpret the geometric average return for VUG during the 10-year period. HINT: The geometric average return can be calculated via the interest rate (i) of the TVM function.

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