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MUTUAL FUND EXERCISE FOR SMALL STOCKS >>> You've learned that small stocks outperform large stocks over the long run. Theory is nice, but you want

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MUTUAL FUND EXERCISE FOR SMALL STOCKS >>> You've learned that small stocks outperform large stocks over the long run. Theory is nice, but you want to profit from it. Use Fidelity's Website: Www.fidelity.com . News and research US equity Small Blend Click on "See Results". Click on "Net fees" to find the fund with the lowest fees. Its ticker symbol is "FSSNX. Assume that you invested $10,000 at "inception"; that is, 9/8/2011. Q1. What is the most recent monthly price of FSSNX? That is, as of October 31, 2020. Q2. What was the value four years ago? That is, as of October 31, 2016. Q3. What was its 4-year average annual return (geometric average return) as of October 31, 2020; that is, from 10/31/2016 to 10/31/2020? Show work and keystrokes. SHOW WORK! NO WORK ... NO POINTS Q4. What was its average annual return (geometric average return) since inception (that is, from 9/8/2011 to October 31, 2020]? Show work and keystrokes. SHOW WORK! NO WORK ... NO POINTS Q5. If you invested $10,000 in this fund, how much would you pay Fidelity annually to manage the account? Show work. SHOW WORK! NO WORK ... NO POINTS MUTUAL FUND EXERCISE FOR SMALL STOCKS >>> You've learned that small stocks outperform large stocks over the long run. Theory is nice, but you want to profit from it. Use Fidelity's Website: Www.fidelity.com . News and research US equity Small Blend Click on "See Results". Click on "Net fees" to find the fund with the lowest fees. Its ticker symbol is "FSSNX. Assume that you invested $10,000 at "inception"; that is, 9/8/2011. Q1. What is the most recent monthly price of FSSNX? That is, as of October 31, 2020. Q2. What was the value four years ago? That is, as of October 31, 2016. Q3. What was its 4-year average annual return (geometric average return) as of October 31, 2020; that is, from 10/31/2016 to 10/31/2020? Show work and keystrokes. SHOW WORK! NO WORK ... NO POINTS Q4. What was its average annual return (geometric average return) since inception (that is, from 9/8/2011 to October 31, 2020]? Show work and keystrokes. SHOW WORK! NO WORK ... NO POINTS Q5. If you invested $10,000 in this fund, how much would you pay Fidelity annually to manage the account? Show work. SHOW WORK! NO WORK ... NO POINTS

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