Jam invested P500,000 in BPI Philippine Equity Index Fund on Aug 6, 2019 at a NAVPU of P104.75. On Sep 13, 2019, the NAVPU was P107.81. How much would Jam have received if he made a full redemption? Assume that the fund has neither front nor back load. O P514,606.21 O P511,074.16 OP514,605.16 O P411,684.97

Jam invested P500,000 in BPI Philippine Equity Index Fund on Aug 6, 2019 at a NAVPU of P104.75. On Sep 13, 2019, the NAVPU was P107.81. How much would Jam have received if he made a full redemption? Assume that the fund has neither front nor back load. O P514,606.21 O P511,074.16 OP514,605.16 O P411,684.97

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Consider a $100 levered mutual fund that will liquidate in 5 years. The funds capital structure consists of 80% debt and 20% equity. The portoflio is invested in public equities. At the end of the 5th (and final) year, the market value of the public equities is $70. The market value of the funds equity position is most likely: <$0 $0 >$0
What sum of money must be deposited in a trust fund to provide a scholarship of $1550, quarterly for infinite period, if interest is 7.2% compounded quarterly? (Money should be rounded to 2 decimal place) USE ONLY CALCULATOR TO CALCULATE YOUR ANSWERS. PMT VY CAY 1 PV 1550 0.072 4 0.018 86111.11 4
Siti Khadijah invested RM30 000 in Sudir Mutual Fund and Kajol Mutual Fund.Sudir Mutual is giving a simple interest of 12% per annum and Kajol Mutul Fund us giving a simple interest of 8% per annum.The total interest after one year is RM3 200.Find the amount invested in Sudir Mutual Fund and Kajol Mutual Fund. Sudir Mutual Fund:RM20 000,Kajol Mutual Fund:RM10 000 Sudir Mutual Fund:RM15 000,Kajol Mutual Fund:RM15 000 Sudir Mutual Fund:RM10 000,Kajol Mutual Fund:RM20 000 Sudir Mutul Fund:RM15 500,Kajol Mutual Fund:RM14 500
The Market Edge Mutual Fund charges a 3 percent back-end load. Todd invested $2,500 in this fund sixteen years ago. Today, the total NAV value of his shares is $9,948 so he decided to withdraw the entire amount and take a month's vacation to tour South America. How much did Todd receive when he made his withdrawal? O $9,948.00 O $10,246.44 O $9,873.00 O $10,023.00 O $9,649.56
A fund starts the year with NAV 46 per share. Over the year, the fund pays out income of 2.5 per share and capital gains distributions of 2.5 per share. Assets in the portfolio grew (shrank) by -0.0025, and an expense ratio of 0.014 is charged at the end of the year.. What is the rate of return on the fund? (Hint: calculate NAV1 first) O 0.0969 O 0.1076 O 0.1002 O 0.0877 O 0.0922
Smith invests $5,000 at t = 0 into a fund which earns interest under the following model: %3D (0.06 8(t) = {0.03t (0.03t + at² 0
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Here are the NAVS for a no-load mutual fund that paid no distributions: April 2 NAV=$11.5 Apr 3 NAV=$12.5 Apr 4 NAV=$12.1 Apr 5 NAV=$13.5 What is your return if you buy the fund on April 2 at 10am and sell it on Apr 4 at 5pm? 17.39% 5.22% 8% -3.2%
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