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Please answer question 14 exchange (d) Snap Yak sells shares Goldman Sachs who then sells them to Goldman's clients 12. You are tracking fund XYZ,
Please answer question 14
exchange (d) Snap Yak sells shares Goldman Sachs who then sells them to Goldman's clients 12. You are tracking fund XYZ, which has earned returns of 2%, 8%, -7%, and 13% over the last four years, respectively. Which of the following is closest to the geometric return of XYZ over this time period? (a) 3.00% (b) 3.25% (c) 3.50% (d) 3.75% (e) 4.00% (e) None of the above 14. If you had invested $1000 at the beginning of each year in fund XYZ from problem 12, which of the following would be closest to your dollar-weighted return? (a) 5.5% (b) 4.5% (c) 4.0% (d) 5.0% Show transcribed image textStep by Step Solution
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