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The All State Mutual Fund has the following 5-year record of performance: 2016 2015 2014 2013 2012 Net investment income 0.93 0.87 0.88 0.78 0.65
The All State Mutual Fund has the following 5-year record of performance:
2016 | 2015 | 2014 | 2013 | 2012 | |
Net investment income | 0.93 | 0.87 | 0.88 | 0.78 | 0.65 |
Dividends from net investment income | (0.98) | (0.89) | (0.84) | (0.72) | (0.67) |
Net realized and unrealized gains (or losses) on security transactions | 4.18 | 5.13 | (2.16) | 2.72 | (1.06) |
Distributions from realized gains | (1.05) | (1.02) | 0 | (1.02) | 0 |
Net increase (decrease) in NAV | 3.08 | 4.09 | (2.12) | 1.76 | (1.08) |
NAV at beginning of year | 12.77 | 8.68 | 10.8 | 9.04 | 10.12 |
NAV at end of year | 15.85 | 12.77 | 8.68 | 10.8 | 9.04 |
Find this no-load fund's 5 years(2012-2016) average annual compound rate and return. Also find its 3-years (2014-2016) average annual compound rate of return. If an investor brought the fund in 2012 at $10.12 a share and sold it 5 years later (in 2016) at $15,85, how much total profit per share would she have made over the 5-year holding period?
This no-loading fund's 5 year (2012-2016) average annual compound rate of return is _____%
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