Reported annual total returns (%) of Vanguard FTSE Emerging Markets Index Fund ETF Shares for the past five years are as follows: Year 2020: 12%, Year 2019: -1%, Year 2018: -20%, Year 2017: 0% Year 2016: 22% What is the average annual growth / declining rate of return for Vanguard FTSE Emerging Markets Index Fund ETF Shares, which takes into account the effect of compounding?

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 22SP
icon
Related questions
Question

17) I need only answer

Reported annual total returns (%) of Vanguard FTSE Emerging Markets Index Fund ETF Shares for
the past five years are as follows:
Year 2020: 12%,
Year 2019: -1%,
Year 2018: -20%,
Year 2017: 0%
Year 2016: 22%
What is the average annual growth / declining rate of return for Vanguard FTSE Emerging Markets
Index Fund ETF Shares, which takes into account the effect of compounding?
Transcribed Image Text:Reported annual total returns (%) of Vanguard FTSE Emerging Markets Index Fund ETF Shares for the past five years are as follows: Year 2020: 12%, Year 2019: -1%, Year 2018: -20%, Year 2017: 0% Year 2016: 22% What is the average annual growth / declining rate of return for Vanguard FTSE Emerging Markets Index Fund ETF Shares, which takes into account the effect of compounding?
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Fundamentals Of Financial Management, Concise Edi…
Fundamentals Of Financial Management, Concise Edi…
Finance
ISBN:
9781337902571
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning