Chapter 3 Case Problem
Many mutual funds can outperform the S&P 500 Index for several quarters, but over a five-year period the S&P 500 is hard to beat. Consider the data listed below for several mutual funds with large asset size. The performance listed is for the first half of 2011, the second quarter of 2011, and for the 5-year period ending on July 1, 2011. ... ................
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