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For the five-year period ended October 31, 2019, a Canadian Equity Income Fund had compound annual returns of 14.40% while a Canadian Dividend fund had
For the five-year period ended October 31, 2019, a Canadian Equity Income Fund had compound annual returns of 14.40% while a Canadian Dividend fund had returns of 4.31% compounding annually. How much more would an initial $1000 investment in the Canadian Equity Income Fund have earned over the five-year period compared to a $1000 investment in the Canadian Dividend fund? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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