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: hree years ago, you invested in the Future Investco Mutual Fund by purchasing 1,000 shares of the…
A: When money is invested in the stock market there are many possible returns in the form of dividends…
Q: . If there are 30 million shares outstanding, what is the net asset value? b-1. If a large…
A: We can determine the NAV using the formula below: NAV = Portfolio Value - LiabilitiesNumber of…
Q: Suppose today a mutual fund contains 2,000 shares of JPMorgan Chase, currently trading at $67.75,…
A: NAV = Total assets - Total external liabilities ) / Total no. of units.=…
Q: You purchased 1,900 shares of the New Fund at a price of $15 per share at the beginning of the year.…
A: Total number of share=1,900 Price per share=$15 Expenses ratio=2.1% Increase in value during the…
Q: What were the proceeds from your sale of the 60 shares
A: Net asset value shows the market value of a mutual fund's assets per share. The total value of all…
Q: Consider a mutual fund with $ 400 million in assets at the start of the year , and 12 million shares…
A: NAV = Mutual fund value / Outstanding share Return = [ NAV1 - NAV0 + Income Distributions +…
Q: Nikul
A: Percent of total return = ((Current value - Investment value)+Capital Gain)/Investment valueCurrent…
Q: Consider an open-end mutual fund with 2 million shares outstanding, liabilities of $5 million, and…
A: Net Asset Value= Market Value of Assets - Liabilities
Q: An Investment fund has $2 million in cash and $8 million Invested in securities. It currently has 2…
A: Current NAV = Total Assets / Number of shares outstanding Total Asset = 8 million + 2 million = 10…
Q: An investor has $80,000 to invest in a CD and a mutual fund. The CD yields 6% and the mutual fund…
A: Mutual Fund :— A mutual fund is a professionally managed investment fund that pools money from many…
Q: Assume that one year ago you bought 200 shares of a mutual fund for $20 per share, you received a…
A: Solution:Percentage of total return means the percentage of total return earned by the investor over…
Q: distribution during the past 12 months, and the market value of the fund is now $41.55. Calculate…
A:
Q: A mutual fund has an offer price of $14.06. If you invested a lump sum of $14,000, how many shares…
A: The mutual fund represents the fund that is invested in various commodities in the market i.e.,…
Q: You invest $100,000 in a hedge fund with a 2/20 fee structure. For the next 3 years, the hedge fund…
A: A hedge fund is a particular kind of investment fund that collects money from numerous investors and…
Q: Twelve months ago you purchases shares of a no-load mutual fund for $22.25 per share. The fund…
A: Purchase price = $22.25 per shareCash dividends = $0.90 per shareCapital gains = $1.25 per shareNet…
Q: A year ago, an investor bought 500 shares of a mutual fund at $7.61 per share. This year, the fund…
A: Initial Investment = 500 shares * $7.61 per share = $3,805Ending Value = 500 shares * $8.29 per…
Q: portfolio value). The fund's fee structure has a high watermark feature. What are the total fees you…
A: A hedge fund is a type of investment fund that pools money from multiple investors and employs…
Q: Suppose you manage a $5 million fund that consists of four stocks with the following investments:…
A: CAPM is capital asset pricing model being used in business. The main purpose is to calculate…
Q: The China Fund is a mutual fund that can be purchased on the New York Stock Exchange. The rates of…
A: The problem is asking us to find the initial investment value at the beginning of 2004. We are given…
Q: Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,100shares of the…
A: Solution:- Compound rate of return means the annual rate of return earned. We know, amount at…
Q: Suppose you are the money manager of a $5.26 million investment fund. The fund consists of four…
A: Required rate of return of fund means how much return is required or expected by the investor. CAPM…
Q: A year ago, an investor bought 500 shares of a mutual fund at $7.56 per share. This year, the fund…
A: Return for the year =Change in price +Dividend + CG…
Q: A mutual fund has a portfolio worth $3.2 million consisting of 50,000 shares of company "A" at a…
A: In finance, the term "portfolio" represents a collection of different investment securities such as…
Q: Cognana fund has 9.8 million shares outstanding. The fund’s portfolio is now valued at $500 million,…
A: Net asset value of a fund is popularly called as NAV. It is the per unit market value of all the…
Q: Suppose you are the money manager of a $4.4 million investment fund. The fund consists of four…
A: A portfolio is a group of different securities held together with the objective of maximizing higher…
Q: The All-State Mutual Fund has the following 5-year record of performance: Find this no-load fund's…
A: NAV is the smallest unit of mutual fund in which trading is done and there are dividends and capital…
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: Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,400 shares of the…
A: Number of shares purchased = 1,400Net asset value per share = $18.99Number of shares sold =…
Q: Suppose you are the money manager of a $3.82 million investment fund. The fund consists of four…
A: Solution:- Capital Asset Pricing Model (CAPM) is a model which gives a formula to calculate the…
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: Lee Ray bought 130 shares of a mutual fund with an NAV of $13.10. This fund also has a load charge…
A: In this question, we will calculate the offer price of a mutual fund and determine how much Lee Ray…
Q: Suppose you own a mutual fund that has 10,311,515 shares outstanding. If its total assets are…
A: NAV = (Total Assets - Total liabilities) / No of units Total Assets = $36,600,019 Total liabilities…
Q: You invested in the no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at…
A: Purchase price (NAV0) = $19.44 Dividend (D) = $1.88 Capital gain (C) = $2.12 NAV at the end of year…
Q: The investments in the almo basics contingency fund have current market value of 230 million the…
A: Net asset value (NAV) of funds refers to the total value of a fund's assets minus its liabilities.…
Q: Corporate Fund started the year with a net asset value of $17.80. By year. end, its NAV equaled…
A: Net asset value:Net Asset Value (NAV) is a financial metric that measures the value of a mutual…
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: You invest $100,000 in a hedge fund with a 2/20 fee structure. For the next 3 years, the hedge fund…
A: Investment value= $100,000Annual returnsYear 1= 25.93%Year 2= -10.62%Year 3= 64.83%Fee structure=…
Q: You invested $25,000 in a mutual fund at the beginning of the year when the NAV was $33.16. At the…
A: Rate of return for mutual fund holders can be calculated by using equation below
Q: If there were a 3% load on this fund, what would your rate of return be?
A: Annual percentage rate (APR) or rate of return refers to the simple rate of interest which is…
Q: David Nash has $100,000 to invest in a mutual fund.a. How many shares can he purchase in a no-load…
A: Mutual fund companies collect funds from investors and create a fund pool which invests in…
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- Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $13.94. He called Fidelity and asked how the NA Fidelity gave him the following information: Current market value of fund investment Current liabilities Number of shares outstanding Did Fidelity provide Louis with the correct information? O Yes O No $8,780,000 $ 975,000 560,000A year ago, an investor bought 100 shares of a mutual fund at $7.64 per share. This year, the fund has paid dividends of $0.71 per share and had a capital gains distribution of $0.52 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.13. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested in additional shares of the fund at an average price of $7.76 per share. a. Given that this no-load fund now has a net asset value of $8.13, the investor's holding period return is %. (Round to two decimal places.)The Damon Investment Company manages a mutual fund composed mostly of speculative stocks. You recentlysaw an ad claiming that investments in the funds have been earning a rate of return of 21%. This rate seemedquite high so you called a friend who works for one of Damon’s competitors. The friend told you that the21% return figure was determined by dividing the two-year appreciation on investments in the fund by theaverage investment. In other words, $100 invested in the fund two years ago would have grown to $121 ($21 ÷$100 = 21%).Required:Discuss the ethics of the 21% return claim made by the Damon Investment Company.Sally Hamilton has performed well as the chief financial officer of the Maxtech Computer Company and hasearned a bonus. She has a choice among the following three bonus plans:1. A $50,000 cash bonus paid now.2. A $10,000 annual cash bonus to be paid each year over the next six years, with the first $10,000 paid now.3. A three-year $22,000 annual cash bonus with the first…
- Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are $36,000,000 and its liabilities are $5,000,000, find the net asset value (in $) of the fund. Round to the nearest cent. 2$Last year your friend, who has not taken this investments class, invested $23 thousand into a fund with a 3.4% front-end load, a 1.5% annual expense ratio, and a NAV of $34.86 per share. The securities in the fund increased by 11.5 percent over the course of a year, and your friend sold the fund. What was your friend's rate of return on this investment? Enter answer in percents, accurate to two decimal places.The Emerging Growth and Equity Fund is a "low-load" fund. The current offer price quotation for this mutual fund is $21.72, and the front-end load is 1.95 percent. a. What is the NAV? (Round your answer to 2 decimal places.) Net asset value dived b. If there are 18.7 million shares outstanding, what is the current market value of assets owned by the fund? (Do not round intermediate calculations. Round your answer to the nearest whole number.) Market value of assets
- If you have a 5.75% back-load charge and you invest $4,000, how much of this money will be invested in the mutual fund? Amount invested in the mutual fund:Suppose you are the money manager of a $3.92 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 360,000 1.50 B 700,000 (0.50 ) C 960,000 1.25 D 1,900,000 0.75 If the market's required rate of return is 10% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %About a year ago, Eric Robertson bought some shares in the Diamond Mountain Mutual Fund. He bought the fund at $25.50 a share, and it now trades at $26.30. Last year, the fund paid dividends of $0.72 a share and had capital gains distributions of $2.50 a share. Assume that the mutual fund distributed the dividends and capital gains at the end of the year. Using the approximate yield formula, what rate of return did Eric earn on his investment? Round the answer to two decimal places. % Repeat the calculation using a handheld financial calculator. Round the answer to two decimal places. % What rate of return would he have earned if the stock had risen to $30 a share? Round the answer to two decimal places. %
- You purchased 1,000 shares of the New Fund at a price of $32 per share at the beginning of the year. You paid a front- end load of 2%. The securities in which the fund invests increase in value by 11% during the year. The fund's expense ratio is 1%. What is your rate of return on the fund if you sell your shares at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Rate of return This is a numeric cell, so % XYou invested in the no - load Best Mutual Fund one year ago by purchasing 700 shares of the fund at the net asset value of $18.89 per share. The fund distributed dividends of $ 2.52 and capital gains of $2.12. Today, the NAV is $20.31. What was your holding period (Round to return Your holding period return was two decimal places.)As a wealthy individual investor, you are planning to invest your $2 million in a fund of funds which invests in 2 different hedge funds, namely hedge fund A and B. The incentive fees are 20% for all funds including the fund of funds. The incentive fee is applicable when a fund earns a positive return. Let’s assume that funds A and B generate 10% and -15% gross returns, respectively. Given the information above, please fill out the below table. You can copy and paste the table to the answer section and fill it out there. You may want to show your calculations in the space below the table. Fund A Fund B Fund of Funds Start of year (millions) $1.00 $1.00 $2.00 End of year (millions) $ $ $ Gross rate of return % % % Incentive fee (millions) $ $ $ End of year, net of fee $ $ $ Net rate of return % % %
