Inverse mutual funds, sometimes referred to as "bear market" or "short" funds, seek to deliver the opposite of the performance of the index or category they track, and can thus be used by traders to bet against the stock market. This question is based on the following table, which shows the performance of three such funds as of August 12, 2011. Year-to-date Loss SHPIX (Short Smallcap Profund) 6% RYURX (Rydex Inverse S&P 500) 5% RYIHX (Rydex Inverse High Yield) 7% You invested a total of $9,000 in the three funds at the beginning of 2011, including an equal amount in RYURX and RYIHX. Your year-to-date loss from the first two funds amounted to $400. How much did you invest in each of the three funds? SHPIX $ RYURX $ RYIHX $
Inverse mutual funds, sometimes referred to as "bear market" or "short" funds, seek to deliver the opposite of the performance of the index or category they track, and can thus be used by traders to bet against the stock market. This question is based on the following table, which shows the performance of three such funds as of August 12, 2011. Year-to-date Loss SHPIX (Short Smallcap Profund) 6% RYURX (Rydex Inverse S&P 500) 5% RYIHX (Rydex Inverse High Yield) 7% You invested a total of $9,000 in the three funds at the beginning of 2011, including an equal amount in RYURX and RYIHX. Your year-to-date loss from the first two funds amounted to $400. How much did you invest in each of the three funds? SHPIX $ RYURX $ RYIHX $
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Inverse mutual funds, sometimes referred to as "bear market" or "short" funds, seek to deliver the opposite of the performance of the index or category they track, and can thus be used by traders to bet against the stock market. This question is based on the following table, which shows the performance of three such funds as of August 12, 2011.
Year-to-date Loss | |
---|---|
SHPIX (Short Smallcap Profund) | 6% |
RYURX (Rydex Inverse S&P 500) | 5% |
RYIHX (Rydex Inverse High Yield) | 7% |
You invested a total of $9,000 in the three funds at the beginning of 2011, including an equal amount in RYURX and RYIHX. Your year-to-date loss from the first two funds amounted to $400. How much did you invest in each of the three funds?
SHPIX | $ |
RYURX | $ |
RYIHX | $ |
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