Published by admin on September 15, 2020 Youare examining the performance of two mutual funds. AD VALUE Fund hasbeen in existencesinceJanuary11988andinvestsprimarilyinlowPriceEarningsRatiostockswithhigh dividendyields.ADGROWTHFundhasalsobeeninexistencesinceJanuary11988butitinvests primarilyinhighgrowthstockswithhighPEratiosandlowornodividends.Theperformanceof thesefundsoverthelastfiveyearsissummarizedbelow:Averagefrom1988-1992Price AppreciationDividend YieldBetaNYSEComposite13%3%ADVALUE11%5%ADGROWTH15%1%The average riskfree rate during the period was […]