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Fund 317 has a 1% management fee, $1 Billion in AUM, and NAV (0) =$50. At the end of 4 months, the AUM is $1.5
Fund 317 has a 1% management fee, $1 Billion in AUM, and NAV(0)=$50. At the end of 4 months, the AUM is $1.5 Billion and the NAV(1)=$60.
- What is the 4 month return? (5)
- What is the arithmetic (monthly) average? (5)
- What is the annualized return? (5)
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
