) Reported annual total returns (%) of Vanguard FTSE Emerging Markets Index Fund ETF Shares for the past five years are as follows: Year 2020: 12%,  Year 2019: -1%,  Year 2018: -20%,  Year 2017: 0% Year 2016: 22% What is the average annual growth / declining rate of return for  Vanguard FTSE Emerging Markets Index Fund ETF Shares, which takes into account the effect of compounding?

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
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Chapter8: Basic Stock Valuation
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7) Reported annual total returns (%) of Vanguard FTSE Emerging Markets Index Fund ETF Shares for the past five years are as follows:

Year 2020: 12%, 

Year 2019: -1%, 

Year 2018: -20%, 

Year 2017: 0%

Year 2016: 22%

What is the average annual growth / declining rate of return for  Vanguard FTSE Emerging Markets Index Fund ETF Shares, which takes into account the effect of compounding?

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