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Please solve using Excel! WindyRoad is an investment company which has two mutual funds. The WindyRoad Dull Fund invests in boring corporate bonds, and its
Please solve using Excel!
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 2016-2020 are given below. (8 points) AN B D 1 DULL FUND OR LIVELY FUND? Dull Fund Lively Fund 2 Year return return 3 2016 8.00% 11.50% 4 2017 5.20% -14.50% 5 2018 4.30% -20.00% 6 2019 3.30% 42.50% 7 2020 7.00% 14.00% 8 9 Average return 5.56% 6.70% =AVERAGE(C3:07) 6 CONCO O 10 Suppose you had invested $100 in each of the two funds at the beginning of 2016. How much would you have at the end of 2020? What was the effective annual interest rate (EAIR) paid by each of the funds over the 5-year period 2016-2020? . Is there a conclusion you can draw from this example Step by Step Solution
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