Please answer it in couple paragraphs.

Ethics Case 6-1 Rate of return L06-1 The Da saw an ad claiming that investments in the funds have been earning a rate of return of 21%. This rate seemed quite high so you called a friend who works for one of Damon's competitors. The friend told you that the 21% return figure was determined by dividing the two-year appreciation on investments in the fund by the average invest ment. In other words, $100 invested in the fund two years ago would have grown to $121 ($21+ $100 21%) mon Investment Company manages a mutual fund composed mostly of speculative stocks. You recently Required Discuss the ethics of the 21% return claim made by the Damon Investment Company