The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's 5-year (2015-2019) average annual compound rate of return. Also find its 3-year (2017-2019) average annual compound rate of return. If an investor bought the fund in 2015 at $10.00 a share and sold it 5 years later (in 2019) at $15.72, how much total profit per share would she have made over the 5-year holding period? This no-load fund's 5-year (2015-2019) average annual compound rate of return is%. (Round to two decimal places.)

Survey of Accounting (Accounting I)
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Chapter15: Capital Investment Analysis
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Find this no-load fund's 5-year
The All-State Mutual Fund has the following 5-year record of performance:
(2015-2019) average annual compound rate of return. Also find its 3-year (2017-2019) average annual compound
rate of return. If an investor bought the fund in 2015 at $10.00 a share and sold it 5 years later (in 2019) at $15.72,
how much total profit per share would she have made over the 5-year holding period?
This no-load fund's 5-year (2015-2019) average annual compound rate of return is%. (Round to two
decimal places.)
Transcribed Image Text:Find this no-load fund's 5-year The All-State Mutual Fund has the following 5-year record of performance: (2015-2019) average annual compound rate of return. Also find its 3-year (2017-2019) average annual compound rate of return. If an investor bought the fund in 2015 at $10.00 a share and sold it 5 years later (in 2019) at $15.72, how much total profit per share would she have made over the 5-year holding period? This no-load fund's 5-year (2015-2019) average annual compound rate of return is%. (Round to two decimal places.)
Data table
(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)
2018
2017
Net investment income
Dividends from net investment income
Net realized and unrealized gains (or
losses) on security transactions
Distributions from realized gains
Net increase (decrease) in NAV
NAV at beginning of year
NAV at end of year
2019
$0.98
(0.95)
4.22
(1.06)
$3.19
12.53
$15.72
Print
$0.85
(0.85)
5.08
(1.00)
$4.08
8.45
$12.53
Done
$0.84
(0.85)
(2.18)
0.00
($2.19)
10.64
$8.45
2016
$0.75
(0.75)
2.65
(1.00)
$1,65
8.99
$10.64
2015
$0.64
(0.60)
(1.05)
0.00
($1.01)
10.00
$8.99
1
X
Transcribed Image Text:Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) 2018 2017 Net investment income Dividends from net investment income Net realized and unrealized gains (or losses) on security transactions Distributions from realized gains Net increase (decrease) in NAV NAV at beginning of year NAV at end of year 2019 $0.98 (0.95) 4.22 (1.06) $3.19 12.53 $15.72 Print $0.85 (0.85) 5.08 (1.00) $4.08 8.45 $12.53 Done $0.84 (0.85) (2.18) 0.00 ($2.19) 10.64 $8.45 2016 $0.75 (0.75) 2.65 (1.00) $1,65 8.99 $10.64 2015 $0.64 (0.60) (1.05) 0.00 ($1.01) 10.00 $8.99 1 X
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