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Suppose you have 2 mutual funds whose annual returns are shown in the following table. Assume you invest $1000 in each, and the proceeds from

image text in transcribed Suppose you have 2 mutual funds whose annual returns are shown in the following table. Assume you invest $1000 in each, and the proceeds from year 1 are reinvested in year 2 and so on. Answer the following questions: (a) How much money do you accumulate in each fund after 5 years? (b) For each fund, calculate the annualized holding period return over the 5-year investm

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