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Interest rate.  Two mutual fund​ managers, Martha and​ David, have been discussing whose fund is the...

Interest rate.  Two mutual fund​ managers, Martha and​ David, have been discussing whose fund is the top performer. Martha states that investors bought shares in her mutual fund 11 years ago for ​$30.00​, and those shares are now worth $ 57.00. David states that investors bought shares in his mutual fund 7 years ago for only ​$3.20​, and they are now worth $ 7.70. Which mutual fund manager had the higher growth rate for the management​ period? Should this comparison be made over different management​ periods? Why or why​ not?

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Answer #1

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Home nert Page Layout Formulas Data Review View dd-Ins Cut copy ▼ Format Painter Σ AutoSum ー E ゴWrap Text в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Conditional Format CeInsert Delete Format Formatting, as Table* Styles ▼ ▼ ㆆ ▼ Sort &Find & 2 ClearFe Select Edting Clipboard EM19 EL Alignment Number Cells EM EN EO EP EQ ER ES ET EU EV EX EY FomulaBar FA 4 GROWTH RATE FOR MARTHA PV 30 57 6 RATE 6.01% RATE(EQ6,,-EQ4,EQ5) 3.2 7.7 9 GROWTH RATE FOR DAVID PV FV YEARS RATE 10 12 13 14 15 16 17 18 19 13.36% RATE(EQ11,,-E09,EQ10) DAVID HAS PERFORMED BETTER WE CAN COMPARE WITH SIMILAR PERIOD, IT WILL GIVE MORE CLEAR PICTURE AS TO WHO HAS PERFORMED BETTER IT MAY BE POSSIBLE IN ABOVE CASE THAT MARKET ITSELF HAS UNDERPERFORMED IN EARLIER 4 YEARS WHEN WE DID NOT COMPARE DAVID MUTUAL FUND 20DAVID MUTUAL FUNDR 21 (4 커 | STOCK DIV | NAV HEDGE FUND MF EV PE EPS DⅣ . ABNORMAL (APV ROSS deberk . MARGIN MONEY al tax 、PB ROPI EVA MVALEVERAGED BUY 福 130% 31-01-2019

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