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Suppose you have 2 mutual funds whose annual returns are shown in the following table. Assume you invest $100 in each, and the proceeds from
Suppose you have 2 mutual funds whose annual returns are shown in the following table. Assume you invest $100 in each, and the proceeds from year 1 are reinvested in year 2 and so on.
(a) Calculate the holding period return and annual holding period return for each fund.
(b) How much money do you accumulate in each fund after 5 years?
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