financial math

The excerpts below are taken from the 2016 year-end report of National Bank Global Equity Fund, a fund managed by a Canadian mutual fund company. The excerpts below focus on the performance of the fund and the Dow Jones Industrial Average during the five-year period ending December 31, 2016. The Dow Jones Industrial Average is a priceweighted average of stocks traded on major American stock exchanges. (i.) Calculate the average annual rate of return for NB Global Equity for the five-year period. Hint: Use Geometric average [3 Marks] (ii.) Calculate the average annual rate of return for the Dow Jones Ind. Avg for the fiveyear period. [3 Marks] (iii.) Investor A invests in NBG while investor B invests in a fund that reflects DJIA returns