NAV of fund is 40. after a year it becomes 44 and then the annual average change in NAV is
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Given : NAV of fund = 40
After a year it become = 44
To Find : annual average change in NAV
Solution:
NAV of fund = 40
After a year it become = 44
Annual Change in NAV = 44 - 40 = 4
Annual Change in NAV = (4/40) * 100 = 10 %
Annual average change in NAV = 4
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