Question 204030
Top bond fund. An investment of $10,000 in the
Emerging Country Debt Fund in 2001 was worth $24,780
in 2006 (www.money.com). Use the formula from the
previous exercise to find the 5-year average annual
return.
using the equation: r=(s/p)^1/n-1 
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r = (24780/10000)^(1/(5-1)  
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r = 2.478T(1/4) 
r = 1.2546...%
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I am assuming s = 24780 and p = 10000
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Cheers,
Stan H.