sealuate the performance of three mutual funds. One fund has a load, the second has a backend load therd is a no load fund.FundABCLoadFront end load fee 4 %Back end Load fee 3 %No Load feee.NAVORs. 12Rs. 24Rs. 36NAVIRs. 15Rs. 30Rs. 45Required:b.The No. of shares purchases today with Rs. 1000The total profit in rupees for the year.c. The holding period rate of return.d.Which fund should be accepted? & whyAssume that you placed a Rs. 1000 investment with a mutual fund that charged an 8.5% load.Management and other fees charged by the fund total 1.10% per annum. Ignoring other costs,during five years, what annual return would the fund have to produce to equal the value thatyou initial investment would have earned in a saving account paying 5% interest? (Assumeannual compounding of income and no taxes.f. A mutual fund has 1000 shares of PraSayara Co., currently trading at Rs. 150 and 2000 shares ofReva Co., currently trading at Rs. 140. The fund has issued 10000 shares.i.What is the NAV of the fund?

a). Calculation of no. of shares purchased today with Rs 1000 Fund A: NAV0 = 12 Front end load = 4%…

aluate the performance of three mutual funds. One fund has a load, the second has a backend load the rd is a no load fund. Fund A B C Load Front end load fee 4 % Back end Load fee 3 % No Load fee Required: The No. of shares purchases today with Rs. 1000 b. The total profit in rupees for the year. The holding period rate of return. C NAVO Rs. 12 Rs. 24 Rs. 36 NAVI Rs. 15 Rs. 30 Rs. 45

aluate the performance of three mutual funds. One fund has a load, the second has a backend load the rd is a no load fund. Fund A B C Load Front end load fee 4 % Back end Load fee 3 % No Load fee Required: The No. of shares purchases today with Rs. 1000 b. The total profit in rupees for the year. The holding period rate of return. C NAVO Rs. 12 Rs. 24 Rs. 36 NAVI Rs. 15 Rs. 30 Rs. 45

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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Similar questions

Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Fund OfferPrice Net AssetValue SalesCharge SalesCharge % Northstar A: MuFl A $13.55 $12.84 $ %
Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Sales Charge Offer Net Asset Sales Fund Price Value Charge % Northstar A: MUFI A $13.65 $12.83 $ 0.82 X %
If a mutual fund's net asset value is $23.30 and the fund sells its shares for $25.00, what is the load fee as a percentage of the net asset value? Round your answer to two decimal places.....%
Q1. What is a mutual fund? In what sense is it a financial institution?. Q2. How is the net asset value (NAV) of a mutual fund determined? What is meant by the term marked-to-market daily? Q3. An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital gain $2, and charges a fee of $2 when the fund is sold on year for $52.50. What is the net rate of return from this insurance? Formula for Question 3: Net gain = Dividend + capital gain + profit from fund sold – fee
An investor purchases a mutual fund share for $100.2. The fund pays dividends of $2.2, distributes a capital gain of $1.1, and charges a fee of $3 when the fund is sold one year later for $95.3. What is the net rate of return from this investment? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))
The total assets of a mutual fund amount to ₱40M and the total liabilities of ₱8M. If you invest ₱1M together with the 3M shares outstanding, how many shares can be purchased? a. 9, 372 b. 8, 484 c. 10, 000 d. 9, 850
10. A mutual fund has total assets of P680M and total liabilities of P38M. If the company has 545,000 outstanding shares and you plan to invest money worth P1.5M, how many shares .8 should you receive?ulev sosts diiw llid yauaROTTIysb-00thly
Open-end Fund A has 187 shares of ATT valued at $46 each and 41 shares of Toro valued at $86 each. Closed-end Fund B has 86 shares of ATT and 83 shares of Toro. Both funds have 1,000 shares outstanding.a. What is the NAV of each fund using these prices? (Round your answers to 3 decimal places. (e.g., 32.161))b. If the price of ATT stock increases to $47.25 and the price of Toro stock declines to $83.292, how does that impact the NAV of both funds? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))c. Assume that another 166 shares of ATT valued at $46 are added to Fund A. The funds needed to buy the new shares are obtained by selling 630 more shares in Fund A. What is the effect on Fund A’s NAV if the prices remain unchanged from the original prices?
A mutual fund had year-end assets of $250,000,000 and liabilities of $4,000,000. There were 3,750,000 shares in the fund at year end. What was the mutual fund's net asset value? A. $63.24 B. $67.39 C. $65.60 D. $92.53 E. $17.46
1. A fund is set up to charge a load. Its net asset value is P16.50 and its offer price is P17.30. A. Assume the fund increased in value by .30 the first month after you purchased 100 shares. What is the total gain or loss? Compare the total current value with the total purchase amount. B. By what percentage would the net asset value of the shares have to increase for you to break even?
Consider the Compliance Bond Fund that consists of the seven bonds shown below and has no liabilities. If initially the value of the fund was $2,500,000 and the original shares were offered to the public with a NAV of $25 per share, what is the current NAV of the fund? a. $26.27 b. $25.00 c. $21.67 d. $26.11 e. $27.11
Mutual Fund A charges an annual management fee of 2.38% of money under management. The corresponding management fee for Mutual Fund B is 1.65%.On the same invested amount, what percentage more fees will you pay to Fund A than to Fund B? (Round your answer to 2 decimal places.)Percentage = %

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