1. Suppose that 10 years ago, I purchased shares of stock from Bismarck Engineering Associates. During that time, the stock had a 4:1 split. If shares today are 22% cheaper than they were 10 years ago, what is my rate of return if I sell my shares?
2. 7 years ago, the net asset value of Wolfsheim International Fund was $158. Today, the NAV is $193. During that time, all dividends were reinvested, so each share grew to 2.4 shares. Compute the fund's rate of return.
3. My friend Clarissa invested $8867 in shares of her favorite startup company 9 years ago. She sold her shares today, and her investment saw a 11.1% rate of return.