Author Question: The Vanguard Windsor II mutual fund had a net asset value of $15.07 at the beginning of 1992 and ... (Read 54 times)

kfurse · **on:** Apr 25, 2021

Question 1

Julian was given a gold coin originally purchased for $1 by his great grandfather 50 years ago. Today the coin is worth $450. The rate of return realized on the sale of this coin is approximately equal to
◦ 7.5%.
◦ 13%.
◦ 50%.
◦ 10%.
◦ 15%.

Question 2

The Vanguard Windsor II mutual fund had a net asset value of $15.07 at the beginning of 1992 and $24.04 at the beginning of 1997. What was the approximate average annual growth rate in this measure over this period? (Round to the nearest whole number)
◦ 60%
◦ 8%
◦ 10%
◦ 18%
◦ 15%

bd5255 · **Reply #1 on:** Apr 25, 2021

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