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    Exam 9: The Financial Markets and the Economy: the Tail That Wags the Dog
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    Between 1980 and 2005, the Vanguard Index Fund Earned 12
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Between 1980 and 2005, the Vanguard Index Fund Earned 12

Question 95

Question 95

Multiple Choice

Between 1980 and 2005, the Vanguard Index Fund earned 12.3 percent per year, while the average mutual fund investor earned


A) 1.9 percent.
B) 2.3 percent.
C) 5.1 percent.
D) 7.3 percent.

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