During the period from 2011 through 2015 the annual returns on small U.S. stocks were -3.76 percent, 18.79 percent, 46.82 percent, 3.39 percent, and -3.40 percent, respectively. What would a $1 investment, made at the beginning of 2011, have been worth at the end of 2015? (Round answer to 3 decimal places, e.g. 52.750.) Value in 2015   $enter a dollar amount of the investment at the end of 2015 rounded to 3 decimal places  What average annual return would have been earned on this investment? (Round answer to 2 decimal places, e.g. 52.75.) Average annual return   enter the average annual return per year rounded to 2 decimal places percent per year.

Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter17: Multinational Financial Management
Section: Chapter Questions
Problem 4DQ
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During the period from 2011 through 2015 the annual returns on small U.S. stocks were -3.76 percent, 18.79 percent, 46.82 percent, 3.39 percent, and -3.40 percent, respectively.

What would a $1 investment, made at the beginning of 2011, have been worth at the end of 2015? (Round answer to 3 decimal places, e.g. 52.750.)

Value in 2015   $enter a dollar amount of the investment at the end of 2015 rounded to 3 decimal places 

What average annual return would have been earned on this investment? (Round answer to 2 decimal places, e.g. 52.75.)

Average annual return   enter the average annual return per year rounded to 2 decimal places percent per year.
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