Q.17New Section 1 Page 1The Stable Utility Fund has an offering price of $54.11 and an NAV of $52.48. What is the front-end load percentage?A) 3.0 percentB) 3.1 percentC) 3.5 percentD) 3.8 percentE) 4.0 percent Q.10The Profitability Fund had NAV per share of $17.50 on January 1, 2016. On December 31 of thesame year, the fund's NAV was $19.47. Income distributions were $0.75, and the fund hadcapital gain distributions of $1.00. Without considering taxes and transactions costs, what rateof return did an investor receive on the Profitability Fund last year?A. 11.26%B. 15.54%C. 16.97%D. 21.26%E. 9.83%

NAV =$52.48 Offering price =$54.11

Answered: The Stable Utility Fund has an offering…

The Stable Utility Fund has an offering price of $54.11 and an NAV of $52.48. What is the front- end load percentage? A) 3.0 percent B) 3.1 percent C) 3.5 percent D) 3.8 percent E) 4.0 percent

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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The five alternatives shown below are being evaluated by the rate of return method. Incremental ROR when compared with alternative B C D 27.3 9.4 35.3 25 E 1.5 38.5 24.4 Alt B D E Initial Invest, $ ROR vs DN,% 9.6 15.1 -25,000 -35,000 -40,000 -60,000 -75,000 13.4 25.4 20.2 A --- --- (d) Alt D 46.5 27.3 6.8 ... If the projects are mutually exclusive and the Minimum Attractive Rate of Return is 9.2% per year, the best alternative is: (a) Alt A (b) Alt B (c) Alt C (e) Alt E
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