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Title: Ten years ago, Taylor purchased 444.44 shares in a mutual fund for $22.50 per share. He has never ...
Post by: pjw1979 on Mar 21, 2022
Ten years ago, Taylor purchased 444.44 shares in a mutual fund for $22.50 per share. He has never made an additional investment in this fund, but because of reinvested dividends and capital gains, he now owns 1,200 shares with a net asset value of $25.88 per share.  Ignoring taxes, his compound average annual rate of return (IRR) is

▸ 10.0%.

▸ 12%.

▸ 21%.

▸ 31%.


Title: Ten years ago, Taylor purchased 444.44 shares in a mutual fund for $22.50 per share. He has never ...
Post by: nilabmirzada on Mar 21, 2022
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