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The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2012-2016) average annual compound rate of return. Also find
The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2012-2016) average annual compound rate of return. Also find its 3-year (2014-2016) average annual compound rate of return. If an investor bought the fund in 2012 at $10.17 a share and sold it 5 years later (in 2016) at $15.87, how much total profit per share would she have made over the 5-year holding period? Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) 2014 $0.86 (0.81) (2.19) 2016 2015 2013 Net investment income Dividends from net investment income Net realized and unrealized gains (or S0.93 (0.94) 4.19 S0.87 (0.87) 5.08 $0.79 (0.70) 2.69 2012 $0.66 (0.66) losses) on security transactions Distributions from realized gains Net increase (decrease) in NAV NAV at beginning of year NAV at end of year 1.071.05) $4.03 8.73 $12.76 $3.11 12.76 $15.87 ($2.14) 10.87 $8.73 0.00 (1.05) 0.00 $1.73 9.14 $10.87 ($1.03) 10.17 $9.14
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