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readytorock

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#1

stocks newb

06-27-2008, 05:05 AM

When comparing funds and one has a 10 year return of 12%... does that mean an average of 12% per year? Or just 12% over 10 years?
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disneysteve

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#2

06-27-2008, 05:53 AM

It means an average annual return of 12%.

Steve

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readytorock

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#3

06-27-2008, 08:59 AM

Thanks Steve!
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