Suppose at the beginning of 2005 you decide to invest 20000, Management Theories

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Suppose at the beginning of 2005 you decide to invest 20000

Question: Suppose at the beginning of 2005 you decide to invest $20,000 in Driehaus' Emerging Markets Growth mutual fund. The following table shows the returns for the years 2005-2009.

a. Calculate and interpret the arithmetic mean return.

b. Calculate and interpret the geometric mean return.

c. How much money would you have accumulated by the end of 2009?

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Management Theories: Suppose at the beginning of 2005 you decide to invest 20000

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Management Theories: Suppose at the beginning of 2005 you decide to invest 20000

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