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Question 8 Please download the following obituary from May 7, 2021: https://bit.ly/3j5XvfD The article describes the success of David Swensen who oversaw the Yale endowment
Question 8 Please download the following obituary from May 7, 2021: https://bit.ly/3j5XvfD The article describes the success of David Swensen who oversaw the Yale endowment fund for several decades. Suppose that the fund had $2.5 billion in June 1990. Using the average annual return for the time from June 1990 until June 2020 (provided in the article), what would have been the fund value (in billions of dollars) in June 2020 if it had not supported the budget of Yale University? Round your answer to two decimals and do not include the unit "$ ... billion" in your answer. That is, if your answer is $12.3456 billion then enter 12.35 instead of $12.35 billion. [2,0,0] Question 9 This question refers to the same article as Question 8. According to the article, the Yale endowment fund contributes to the university's budget. Comparing the fund value in June 2020 (provided in the article) to the value of $2.5 billion in June 1990, what was the fund's compounded annual net growth (after cash outflows to the university) during those thirty years? Round your answer to two decimals and do not include the percent sign in your answer. That is, if your answer is 12 3456% then enter 12 35 instead of 12.35%. [2,0,0] Question 10 This question refers to the same article as Question 8. What proportion of the Yale endowment fund is held in bonds and cash? Round your answer to one decimal and do not include the percent sign in your answer. That is, if your answer is 12.3456% then enter 12.3 instead of 12.35%. [1,0,0]
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