Suppose a man invested $250 at the end of 1900 in each of three funds that tracked the averages of stocks, bonds, and cash, respectively. Assuming that his investments grew at the rates given in the table to the right, approximately how much would each investment have been worth at the end of 2012? Category Average Annual Return Stocks 6.6% Bonds 2.1% Cash 0.6% His investment in the fund tracking stocks would be worth approximately $ (Do not round until the final answer. Then round to two decimal places as needed.) His investment in the fund tracking bonds would be worth approximately $ (Do not round until the final answer. Then round to two decimal places as needed.) His investment in the fund tracking cash would be worth approximately $ (Do not round until the final answer. Then round to two decimal places as needed.)

Suppose a man invested $250 at the end of 1900 in each of three funds that tracked the averages of stocks, bonds, and cash, respectively. Assuming that his investments grew at the rates given in the table to the right, approximately how much would each investment have been worth at the end of 2012? Category Average Annual Return Stocks 6.6% Bonds 2.1% Cash 0.6% His investment in the fund tracking stocks would be worth approximately $ (Do not round until the final answer. Then round to two decimal places as needed.) His investment in the fund tracking bonds would be worth approximately $ (Do not round until the final answer. Then round to two decimal places as needed.) His investment in the fund tracking cash would be worth approximately $ (Do not round until the final answer. Then round to two decimal places as needed.)

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 7FPE

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Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table: Which of the two mutual funds performed better over this time period?
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