Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a year ago, an investor bought 100 shares of a mut

A year ago, an investor bought 100 shares of a mutual fund at 57 51...

60.1K

Verified Solution

Question

Finance

image
A year ago, an investor bought 100 shares of a mutual fund at 57 51 per share. This year, the fund has paid dividends of $0 74 per share and had a capital gains distribution of 50.46 per share a. Find the investor's holding period return, given that this no load fund now has a nesse value of $8 27 b. Find the holding period return, ansuring all the dividends and capital gains distributions are remitted into addhional shares of the fund at an average price of 57.89 per share Given that this no-load fund now has a not asset value of 58.27. the investor's holding period return in 1. Round to two decimal places)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

ple nstruct a confidence interval for the difference between ation standard deviations are known and...

Statistics
Q

[The following information applies to the questions displayed below.] Web Wizard, Inc. has provided information technology services for...

Accounting
Q

I Explain the function of each part of the neuron A Cell Body B Dendrites...

Biology
Q

Q In what ways are these structures similar to that of the sea star In...

Biology
Q

Let f t be a function on 0 o The Laplace transform of f is...

Basic Math
Q

Assume the function f is defined as f x 5cosx 4sinx Use the corresponding derivative...

Calculus
Q

3 Your broker has suggested that you diversify your investments by splitting your portfolio among...

Algebra
Q

Additional Information for 2021: 1. Purchase investment in bonds for $101,000. 2. Sell land costing...

Accounting
Q

ackboard ining Time: 59 minutes, 03 seconds. tion Completion Status: Moving to another question...

Accounting
Q

VideoGames R Us paid a $1.95 per share annual dividend last week Dividends are expected...

Finance
Q

1. What are the two options to correct an error in the financial statement? Elaborate...

Accounting
Q

Broussard Skateboard's sales are expected to increase by 20% from $7.0 million in 2018 to...

Finance