Danielle's shares in the Industrial Growth Fund (an equity mutual fund) dropped in price from $12.86 to $12.56 over a three-month period. What were the simple and effective annualized rates of return during the period?

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The Answer of Danielle's shares in the Industrial Growth Fund (an equity mutual fund) dropped in price from $12.86 to $12.56 over a three-month period. What were the simple and effective annualized rates of return during the period?

Danielle's Shares in the Industrial Growth Fund (An Equity Mutual