You are given the the information below on a mutual fund. What is the arithmetic average? Year 1 Asset under management at start of year (millions of $) 100.00 Year 2 116.00 -15.00 98.60 21.00 77.60 Year 4 52.17 6.00 49.04 52.17 0.00 Year 3 77.60 Holding-Period Retum (% per year) 21.00 Asset under management before flows (millions of $) 121.00 -5.00 Asset under management at end of year (millions of $) 116.00 -7.00 72.17 Net inflows (in millions of $) -20.00 52.17 O-1.75% -0.51% O-2.88% -3.17%
You are given the the information below on a mutual fund. What is the arithmetic average? Year 1 Asset under management at start of year (millions of $) 100.00 Year 2 116.00 -15.00 98.60 21.00 77.60 Year 4 52.17 6.00 49.04 52.17 0.00 Year 3 77.60 Holding-Period Retum (% per year) 21.00 Asset under management before flows (millions of $) 121.00 -5.00 Asset under management at end of year (millions of $) 116.00 -7.00 72.17 Net inflows (in millions of $) -20.00 52.17 O-1.75% -0.51% O-2.88% -3.17%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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