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A mutual fund has had the following quarterly performance over the last two years: 1Q Year 1: 20.00% 2Q Year 1: 25.00% 3Q Year

A mutual fund has had the following quarterly performance over the last two years: 1Q Year 1: 20.00% 2Q Year 1: 25.00% 3Q Year 1: -20.00% 4Q Year 1: 20.00% 1Q Year 2: 0.00% 2Q Year 2: -20.00% 3Q Year 2: 25.00% 4Q Year 2: -20.00% the annualized performance over the last 2 years is closest to 24% 15.2% O 7.33% 5 pts

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