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Business Mathematics in Canada 4e
Business Mathematics in Canada, 4/e
F. Ernest Jerome
Review and Applications of Algebra

Internet Application Problems



1

  1. At the following two Bank of Montreal web pages you can compare the rates of total return on the First Canadian Equity Fund and the Canadian Dividend Fund mutual funds for a five year period. What is the difference between the overall rate of total return on each mutual fund?
  2. Compare the difference between the overall rate of total return on each mutual fund to the benchmark represent by the TSE Index for the following five-year period return rates: Year 1 = 0.2%, Year 2 = 14.5%, Year 3 = 28.3%, Year 4 = 15.0%, and Year 5 = 1.6%.

 




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