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Use the following table to answer Questions 13-17. The table provides the annual return for the S&P 500 index and the NASDAQ index. 13. (2

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Use the following table to answer Questions 13-17. The table provides the annual return for the S\&P 500 index and the NASDAQ index. 13. (2 points) Calculate the arithmetic mean annual return of the S\&P 500 index and the NASDAQ Composite index between 2014 and 2022. Round to nearest 0.01 , in pereenfage terms. 14. (2 points) Calculate the geometrie mean annual return of the S\&P 500 index and the NASDAQ Composite index between 2014 and 2022. Round to nearest 0.01 , in percentage terms. 15. ( 2 points) Explain why the financial performance of the S\&P 500 index is different from the financial performanee of the NASDAQ Composite index. List the top-10 companies in each index by market capitalization. Hint: Use a credible source fo rescarch this question, Cite your sources for full credit. 16. (2 points) If a client invested S1,000,000 in an S&P500 fund that exactly tracked the returns of the S\&P 500 index provided, what would the client's balance amount be at the end of 2022 ? Round to the aearest so.01. 17. (2 points) If a client invested $1,000,000 in a NASDAQ Composite fund that exactly tracked the returns of the NASDAQ Composite index provided, what would the client's balance amount be at the end of 2022 ? Round to the nearest $0.01. 2 Use the following table to answer Questions 1820. 18. ( 2 points) An art collector purchases a rare painting for $100,000. Forty years later, the collector sells the painting for $33 million. Compute the geometric mean annual return for this investment. Reand to the nearest 0.01 , in percentage terms. 19. ( 2 points) If inflation averages 4.25% per year for forty years, then compute the investor's real rate of return. Round to the nearest 0.01 , in percentage terms. 20. (2 points) Explain why it is important for an investment's rate of retum to exceed the inflation rate

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