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Suppose that you initially invested $10,000 in the Stivers mutual funds and $5,000 in Trippi mutual fund. Then, no further investment was made. The value of each investment at the end of each year is provided in the table. - What are the return (%) and the growth factor of each year?
-What are the geometric mean of each mutual fund?
-How can you interpret the difference of the geometric means between two mutual funds?
-State each step of calculation and explain the step
Sagot :
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