| Topic Name: |
Interview process |
| Message Name: |
mutual fund question |
| Date Posted: |
12/28/2005 |
| Message: |
How should I have answered this Q I got at my interview today:
There are two mutual funds: Mutual Fund A & Mutual Fund B. A has a negative 5% return the first year and +10% return for the next 9 years. B has +10% return for the first 9 years but on the 10th year, has a negative 5% return. Which mutual fund will you buy and why?
After the 10th year both mutual funds have same return. Which one should I pick and why? any suggestions?
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