Using the approximate yield formula, what rate of return did Elliot earn on his investment? Round the answer to two decimal places.  % Repeat the calculation using a financial calculator. Round the answer to two decimal places.  % Would he have made a 20% rate of return if the stock had risen to $30 a share? -Select-YesNoItem 3

Q: A year​ ago, an investor bought 400 shares of a mutual fund at ​$7.52 per share. This​ year, the…

A: Given: Particulars Amount Number of shares 400 Price per share $7.52 Dividend $0.77…

Q: An investor has $75,000 to invest in a CD and a mutual fund. The CD yields 7% and the mutual fund…

A: Amount to be invested =$ 75,000 Let x be the amount to be invested in CD , then amount to be…

Q: You deposit the following at the end of each year into a growth mutual fund that earns 11 percent…

A: Working note:

Q: Assume the new investor sells the 420 shares. What is his profit? What is the annualized return The…

A: Annualized return refers to the expected return by the investors on the investment made. It…

Q: Problem 2 Financial planner Minnie Margin has a substantial number of clients who wish to own a…

A: Mutual funds are similar to large investment pools to which many participants contribute.…

Q: Nikul

A: Percent of total return = ((Current value - Investment value)+Capital Gain)/Investment valueCurrent…

Q: Assume that one year ago you bought 200 shares of a mutual fund for $20 per share, you received a…

A: Percent of total return will be Calculated by following formula:-Percent of total return =

Q: None

A: Classification of Mutual Funds1. Based on Execution and Operations:Open-Ended Funds: Investors can…

Q: You invested $10,000 in a mutual fund. What was your percentage return if your dollar return was…

A: Putting money into a professionally managed portfolio of stocks, bonds, or other assets is what it…

Q: 2 A hedge fund manager requires 10% minimum return for all their investments. An opportunity…

A: The maximum amount fund manager should be willing to pay for this investment is the present value of…

Q: None

A: Calculate the management fee and performance fee of year 1.The fee structure is 2/201. Management…

Q: Problem 7-22 You buy a mutual fund for $1,000. It annually distributes $40 for ten years, after…

A: YEARS 10 PMT (MONTHLY DEPOSIT) 40 PRESENT VALUE $1,000 FUTURE VALUE $950

Q: Suppose today a mutual fund contains 2,000 shares of JPMorgan Chase, currently trading at $7175,…

A: When the pooling of money takes place by taking up money from several investors and using them to…

Q: The information in the table applies to the day of investment in a mutual fund. Find (a) the net…

A: Net Asset Value (NAV) represents the per-share market value of a mutual fund's holdings after…

Q: Question 10 Levi has $32,000 invested in his favorite mutual fund which earns 12.0% per year. If he…

A: The future value can be calculated byThe future value of annuity can be calculated by

Q: The long-term direction indicated by a time series is known as the Select one: Regular Direction…

A: Introduction: A time series is a group of remarks of well-defined data items attained over repeated…

Q: Problem 2: A mutual fund manager has a $40 million portfolio with a beta of 1.00. The risk-free rate…

A: Solution:Beta refers to the sensitivity of the change in portfolio return with reference to change…

Q: Suppose you are the money manager of a $4.32 million investment fund. The fund consists of four…

A: Total Investment = ti = $4.32 millionMarket rate of return = rm = 12%Risk free rate = rf = 6%

Q: Index Fund Investing Let's continue with some more specifics :) Let's pretend that at the age of…

A: Future value of annuity Annuity is a series of equal payment at equal interval over a specified…

Q: The Closed Fund is a closed-end investment company with a portfolio currently worth $305 million. It…

A: Net asset value refers to the investment value which is calculated by deducting the liabilities from…

Q: An investor has decided to invest $175.00 per month in a mutual fund. This type of mutual fund has…

A: Compound = monthly = 12Monthly Payment = p = $175Rate of Return = r = 5.75 / 12%Time = t = 5 * 12 =…

Q: The aqua liquid money market mutual fund has nav $1 per share. During the year asset held by the…

A: Mutual Fund NAV is $1 per share Invested amount is $30,000 (start of the year) Fund appreciation…

Q: A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a…

A: To find the proportions of each asset in the optimal risky portfolio and the corresponding expected…

Q: A year ago, an investor bought 100 shares of a mutual fund at $7.50 per share. This year, the fund…

A: No. of Shares Purchased=100 shares The purchase price per share = $7.50 The dividend per share…

Q: The following table shows the average returns for some of the largest mutual funds commonly found in…

A: Present value refers to the value that are being invested in an asset today that will be available…

Q: You have been given the following return information for a mutual fund, the market index, and the…

A: Jensen's measure, commonly referred to as Jensen's alpha, is a risk-adjusted performance metric that…

Q: About a year ago, Elliot Cox bought some shares in the Axis Fund. He bought the fund at $25.00 a…

A: Here we are using Microsoft excel worksheet instead of financial calculator. Capital…

Q: You invested in the no load Best Mutual Fund one year ago by purchasing 1,000 shares of the fund at…

A: Holding period return (HPR) is the return earned by the company by holding a security for a long…

Q: A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a…

A: ParticularsStock fund(S)Bond fund( B)Expected return16%10%Risk-free rate5.5%Standard…

Q: You have invested only in the BlueChip Fund, a mutual fund that invests mainly in stocks. At the…

A: Bluechip fund expected return (Rb) = 14% Bluechip fund volatility (Vb) = 36% Platinum fund expected…

Q: A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a…

A: For calculating  weights, first we'll have to calculate Covariance of stock and bondCovariance of…

Q: None

A: Continue   THANK YOU

Q: What is the Sharpe ratio of the best feasible CAL? Note: Do not round intermediate calculations.…

A: The Sharpe ratio is used to compare the return of an investment with its risk. It's a mathematical…

Q: 3. The Wilder. Fund sells Class A shares with a front-end load of 5% and Class B Shares with a 12b-1…

A: Net Asset value for class of assets is determined by total of all cash and securities and funds net…

Q: During the last four years, a certain mutual fund had the following rates of return: Year Rate of…

A: A mutual fund gathers or pools money from many investors and then invests the whole. The…

Q: None

A: To calculate Jensen's alpha and the information ratio, we'll follow these steps:1. Jensen's Alpha…