I Invested in the Fidelity LowPriceStock Fund in 2013.Supposethepricesofthefundwere$10.00, $10.77, $9.56, and $10.63 at the beginning of January, April, July, October, respectively.

1. (a)What was the annualized return of Fidelity Low Price Stock Fund? If I only invested in the first 6 months, what was the annualized return of the fund?
2. (b)At the beginning of 2013, I invested $1,000 in the fund. I invested another $500 at the beginning of April, and then redeemed $500 from the Fund at the beginning of July. What was my account value at the beginning of October? What was my annualized return?
3. (c)Set up the equation and compute my dollar-weighted annual return in (b)? What if I did exactly the opposite as in (b), does there exist a dollar weighted return? If yes, what is it? If not, why not?
4. (d)What was my time-weighted annual return in (b)?
5. (e)Comparing dollar-weighted return with time-weighted return, what can you say?