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The percentage annual returns of the White Rock mutual fund for 2011-2014 are given below:

Year                       Return (%)

2011                       18

2012                       -9

2013                       -6

2014                       25

What should be the mutal fund's return in 2015, so that it has an average annual return of 10% over the 5-year period (2011-2015)?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92646561

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