9. Each month for the past several years, you have collected the monthly returns to an index of large-cap value stocks and an index of large-cap growth stocks. For the last two years, for both of the indexes you have converted these monthly returns into a series of rolling average annualized returns by taking an average of the previous 12 monthly returns and multiplying that average by 12. These rolling average annualized returns are shown below for each index over the past 24 months. Value Index Annualized Growth Index Annualized Return (%) Month 1 Return (%) 8.97% 9.50% 11 234567890123456 17.38 17.48 28.11 26.81 16.19 12.92 16.66 14.60 16.72 14.90 19.43 13.21 16.88 9.68 17.88 10.14 20.41 12.42 28.86 20.69 23.02 16.09 27.38 20.05 21.43 15.65 20.76 18.25 25.62 25.59