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You've uncovered the following per-share information about a certain mutual fund: find the fund's average annual compound rate of return over the three-year period, 2017-2019.
You've uncovered the following per-share information about a certain mutual fund: find the fund's average annual compound rate of return over the three-year period, 2017-2019. What would the 2018 holding period return have been if the investor had initially bought 500 shares of the fund and reinvested both dividends and capital gains distributions into additional shares of the fund at an average price of $52.00 per share? Use this information to solve for the numbers below: The fund's HPR for 2017 is 9.08% The fund's HPR for 2018 is 54.85% The fund's HPR for 2019 is 2.19% Solve below using Microsoft Excel functions. The fund's average annual compound rate of return over the three-year period, 2017-2019 is \%. (Round to two decimal places.) If the investor had initially bought 500 shares of the fund and reinvested both dividends and capital gains distributions into additional shares of the fund at an average price of $52.00 per share, the holding period return is \%. (Round to two decimal places.)
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