Multiple Choice
The Vanguard Windsor II mutual fund had a net asset value of $15.07 at the beginning of 1992 and $24.04 at the beginning of 1997.What was the approximate average annual growth rate in this measure over this period? (Round to the nearest whole number)
A) 60%
B) 8%
C) 10%
D) 18%
E) 15%
Correct Answer:
Verified
Correct Answer:
Verified
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