Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley

Exercise 33

Here is the per-share performance record of the Mile High Growth-and-Income fund for 2015 and 2014:

Use this information to find the rate of return earned on this fund in 2014 and in 2015. What is your assessment of the investment performance of this fund for the 2014-2015 period