Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index

image text in transcribed

In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. Fund Market index 2011 -1.2 -0.9 2012 +24,8 +16.0 2013 +48.7 +31,7 2014 +11.1 +10.9 2015 +0.3 -0.7 a. Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round Intermedlate calculations. Round your answers to 2 decimal places.) Mesozoic Fund Return Market Portfolio Return Average return Standard deviation b. Did Ms. Sauros do better or worse than the market index on these measures? Better Worse

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health Care Finance Basic Tools For Nonfinancial Managers

Authors: Judith Baker

2nd Edition

0763726605, 9780763726607

More Books

Students also viewed these Finance questions

Question

14. Do you feel set up as a scapegoat?

Answered: 1 week ago