Vanguard inflation-protected securities fund

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At the beginning of the year, the client owned 414.518 shares of Vanguard Inflation-Protected Securities Fund, a U.S. government bond fund. Her account was valued at $5,061.26, based on a price per share of $12.21. At the end of the year, the account was valued at $5,479.99.

b) Calculate the return in $ for the year.

c) Calculate the return in % for the year.

d) Is your answer to c) annualized? Does the formula you used in c) provide the annualized return in %? Explain what you mean.

Reference no: EM131831057

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