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Please help my daughter 7. (Average compounding rate) WindyRoad is an investment company which has two mutual funds. The WindyRoad Dull Fund invests in boring
Please help my daughter
7. (Average compounding rate) WindyRoad is an investment company which has two mutual funds. The WindyRoad Dull Fund invests in boring corporate bonds, and its Lively Fund invests in high-risk, high-return companies. The returns for the two funds in the 5-year period 2011-2015 are given below. A D 1 OWN 2 Year 3 2011 4 2012 5 2013 6 2014 7 2015 8 9 Average return B DULL FUND OR LIVELY FUND? Dull Fund Lively Fund return return 8.00% 11.50% 5.20% -14.50% 4.30% -20.00% 3.30% 42.50% 7.00% 14.00% 5.56% 6.70%Step by Step Solution
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