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As you calculated for Problem 4, the 10-year average annual return for this fund was 13.73% per year. compounded annually. There are 187 funds with
As you calculated for Problem 4, the 10-year average annual return for this fund was 13.73% per year. compounded annually. There are 187 funds with similar style that is "large blend". Of those funds. 53 funds had higher returns than FXAIX. What percent of the funds with similar style" had higher returns than FXAIX
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Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann
5th Edition
0357902211, 978-0357902219
