A closed-end fund starts the year with a net asset value of OMR10. By year end, NAV equals OMR10.10. At the beginning of the year, the fund was selling at a 3% premium to NAV. By the end of the year, the fund is selling at a 6% discount to NAV. The fund paid year end distributions of income and capital gains of OMR2.50.   What is the rate of return to an investor in the fund during the year?

Q: An investor pays the following separate amounts into a fund:  £11,900 at t=6, £17,600 at t=14, and…

A: As per the given information:Effective annual rate of interest = 11.9% during the first 7…

Q: Consider the following hypothetical investment for the fund. Issue a one-month liability and…

A: Calculate the coupon amount (PMT) of the bond by multiplying the face value of the bond which is…

Q: There is $45000 in a fund which is accumulating at 3.4% per annum convertible continuously. If money…

A: Present value = $45,000PMT = $2041Interest rate = 3.4%Formula to be used:

Q: Maryse has invested $1000 into mutual fund at a 5% annual rate of return, compounded daily. What are…

A: Nominal interest rate is the stated interest rate on the fund, whereas effective interest rate is…

Q: GROW fund Charges a front end load of 3%, but has no 12B-1 fee an expense ratio of .5%. Assume the…

A: Front-end load can be defined as a one-time charge that is applied to the investment at the time of…

Q: Suppose an individual invests $24,000 in a load mutual fund for two years. The load fee entails an…

A: The annual return on the mutual funds over the two years investment period is  10.234 %Explanation:…

Q: On Sept 1, 2010, a fund had $180,000. On Feb 1, 2011, the fund balance was $175,000 and a withdrawal…

A: Time weighted average return is performance measure for a fund, it doesn't consider the inflows and…

Q: An investor pays the following separate amounts into a fund:  £11,900 at t=6, £17,600 at t=14, and…

A: As per the given information:Effective annual rate of interest = 11.9% during the first 7…

Q: A mutual fund sold $60 million of assets during the year and purchased $78 million in assets. If the…

A: Fund turnover ratio = Minimum of fund purchased or sold / Average daily assets.

Q: (c) The fund's net worth is defined as the difference between its assets and liabilities. Using your…

A: Relative change refers to the change in the final value relative to the initial value. The formula…

Q: A VC firm is considering two different structures for its new $250M fund. Both structures would have…

A: The venture capital (VC) is a term used to explain that financing is provided to start-up companies…

Q: Yamaha Growth Fund has an expense ratio of 1.83%. If you invest $55,000 in this fund, what is the…

A: Expense ratio is the percentage of the fund’s asset which is used for administrative and operating…

Q: GROW fund Charges a front end load of 5%, but has no 12B-1 fee an expense ratio of .25%. Assume the…

A: grow fund has a Front End load fee of 5%  And Expense Ratio = 0.25% Rate of Return (before any fees)…

Q: A closed-end, commingled opportunity fund is being created with an expected three-year life. It…

A: Part ATo solve for Required A (the cash flows to equity investors at the end of year 3 to achieve a…

Q: Consider a $10 million fund with 20% incentive fees and 2% management fees that lasts 5 years, earns…

A: Hedge funds are an investment option available for HNIs because they involve complex trading…

Q: You invest 2000 into a fund at time 0 and an additional 1000 at time 1. The investment period is 2…

A: As we know, Future value : It is the value of an investment or asset in the future on a specific…

Q: A fund grows 3% from the beginning of 2010 to the end of 2010, grows 5% from the beginning of 2011…

A: Equivalent effective annual interest rates (EEAIR) is calculated from the geometric mean formula.…

Q: A closed-end fund starts the year with a net asset value of $13.00. By year-end, NAV equals $13.20.…

A: In order to invest in a diverse portfolio of securities, such as equities, bonds, money market…

Q: A mutual fund sold $50 million of assets during the year and purchased $88 million in assets. If the…

A: Sales of assets = $50 millionPurchases of assets = $88 millionAverage daily assets = $265 million

Q: Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.90%. Economy Fund…

A: A no-load fund is a mutual fund in which shares are sold without a commission or Sales Charges. This…

Q: A mutual fund sold $50 million of assets during the year and purchased $67 million in assets. If the…

A: Sales of assets = $50 millionPurchases of assets = $67 million Average daily assets = $145 million

Q: Find the time-weighted rate of return for 2018 Find the exact (to five decimal points)…

A: To calculate the time-weighted rate of return for 2018, we need to divide the ending value of the…

Q: A IS sted at an annual interest rate of 2.5%. At the end of 20 years, the total in the two funds is…

A: Effective Interest Rate - The annual equivalent rate, sometimes referred to as the effective…

Q: The New Fund had average daily assets of $2.2 billion in the past year. New Fund's expense ratio was…

A: The expense ratio of a fund is used to measure how much its assets are used for administrative and…

Q: Since 2007, a particular fund returned 13.2% compounded monthly. How much would a $6000 investment…

A: Investing is a critical component of wealth growth. It enables the investor to fight inflation,…

Q: The cashflow below represents the amount invested by a company into a special purpose fund starting…

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Q: Using a discount rate of 5.5% compounded annually, a pension fund estimates that the present value…

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Q: 3. Suppose that this fund has a midyear cash inflow of $ 20 million rather than an outflow. Would…

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Q: uppose that in a certain fund, money accumulates at a nominal interest rate of 4% convertible…

A: Present value:A key idea in finance and investing is current value, which aids firms and investors…

Q: The New Fund had average daily assets of $3.8 billion in the past year. New Fund's expense ratio was…

A: The expense ratio of a fund is used to measure how much its assets are used for administrative and…

Q: Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.70%. Economy Fund…

A: The problem involves the determination of the future value of an investment. Future value pertains…

Q: The New Fund had average daily assets of $2.7 billion in the past year. New Fund's expense ratio was…

A: Direct expenses include operating costs related to the day-to-day management and support of the…

Q: Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.65%. Economy Fund…

A: Data given: Loaded-Up Fund 12b-1 fee =1% Expense ratio = 0.65%   Economy Fund Front-end load = 2%,…

Q: If you plan to sell the fund after four years, are Class A or Class B shares the better choice for…

A: Assume investment amount=100 Net amount investment = gross amount*(1-front-end load) = 100*(1-0.06)…

Q: The value in pounds of a fund at time t = 0 is V0 = 50, 000. After one year (at t = 1) it has…

A: The time-weighted rate of return is the geometric mean of return for each period.

Q: A mutual fund sold $50 million of assets during the year and purchased $68 million in assets. If the…

A: Total Sales of assets = $50 millionTotal Purchases of assets = $68 millionAverage daily assets =…

Q: pays the following separate amounts into a fund: £12,100 at t=7 years, £17,900 at t=13 years and…

A: Present value is the equivalent cash flow today of the future cash flow to be received in the future…