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.Related Questions on Business Abbreviations
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