Solved: Find this no-load funds five-year 2012-2016 average annual, Accounting Basics

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Find this no-load funds five-year 2012-2016 average annual

Question: The All-State Mutual Fund has the following five-year record of performance:

Find this no-load fund's five-year (2012-2016) average annual compound rate of return. Also find its three-year (2014-2016) average annual compound rate of return. If an investor bought the fund in 2012 at $10.00 a share and sold it five years later (in 2016) at $15.72, how much total profit per share would she have made over the five-year holding period?

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Accounting Basics: Find this no-load funds five-year 2012-2016 average annual

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