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What is the full form of "AAR"?

A. Annual Accounting Rate

B. Average Annual Return

C. Absolute Advantage Ratio

D. Average Annual Rate

Answer: Option B

Solution(By Examveda Team)

In its simplest terms, the average annual return (AAR) measures the money made or lost by a mutual fund over a given period. Investors considering a mutual fund investment will often review the AAR and compare it with other similar mutual funds as part of their mutual fund investment strategy.

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