Question
A stock fund had the following returns: Yr 1: 15% Yr 2: 20% Yr 3: -10% Yr 4: -20% Yr 5: 5% What is the
A stock fund had the following returns: Yr 1: 15%
Yr 2: 20%
Yr 3: -10%
Yr 4: -20%
Yr 5: 5%
What is the cumulative return over the 5-year period?
What is the average annualized return over the 5-year period?
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
