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If an investor buys shares in a no-load mutual fund for $34 and after five years the shares appreciate to $45, what is (1) the
If an investor buys shares in a no-load mutual fund for $34 and after five years the shares appreciate to $45, what is (1) the percentage return and (2) the annual compound rate of return using time value of money? Round your answers to two decimal places. Percentage return The annual compound rate ofret
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