Two years ago, you invested $1,000 by buying 125 shares ($8 per share NAV) in the Viking Mutual Fund, an aggressive growth, no-load mutual fund. Last year, you added to your fund by doing two investments of $500 each (50 shares at $10 and 40 shares at $12.50). You reinvested all of your dividends so you could take advantage of compounding which you learned in chapter So far, the NAV/share 2. for your investment has risen from $8 per share to $13.25. What were the proceeds from your sale of the 60 shares? Round to the nearest cent. DO NOT INCLUDE COMMAS OR $.
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- 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?Assume that one year ago, you bought 220 shares of a mutual fund for $25 per share and that you received an income dividend of $0.32 cents per share and a capital gain distribution of $1.05 per share during the past 12 months. Also assume the market value of the fund is now $27.50 a share. Calculate the total return for this investment if you were to sell it now. Round answer to 2 decimal places.3) Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.63 today and then you sold it for $65. What was your return on the investment?A) 6.57%B) 7.51%C) 9.38%D) 10.32%
- Two years ago, you invested $1,000 by buying 125shares (58 per share NAV) in the Viking Mutual Fund, an aggressive growth, no-load mutual fund. Last year, you added to your fund by daing twoinvestments of $500 each (50 shares at $ 10 and 40shares at $12.50). You reinvested all of yourdividends so you could take advantage of compounding which you learned in chapter2. So far the NAV/share for your investment has risen from $8 pershare to 25. $13. What were the proceeds from your sale of the 60 sharesAssume that one year ago, you bought 240 shares of a mutual fund for $27 per share and that you received an income dividend of $0.34 cents per share and a capital gain distribution of $1.07 per share during the past 12 months. Also assume the market value of the fund is now $29.50 a share. Calculate the total return for this investment if you were to sell it now. Note: Do not round intermediate calculations. Round your answer to 2 decimal places.Assume that one year ago, you bought 210 shares of a mutual fund for $24 per share and that you received an income dividend of 50.31 cents per share and a capital gain distribution of $1.04 per share during the past 12 months. Also assume the market value of the fund is now $26.50 a share. Calculate the total return for this investment if you were to sell it now.
- Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,400 shares of the fund at a net asset value of $18.99 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,650 shares in this fund for $21.35 per share. What is the compounded rate of return on this investment over the five-year period? The compounded rate of return on this investment over the five-year period is. (Round to two decimal places)Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,100shares of the fund at a net asset value of $17.88 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,450 shares in this fund for $21.96 per share. What is the compounded rate of return on this investment over the five-year period?You purchased 500 shares of The New Century Fund at NAV of $23.56 last year. The fund distributed $4.35 in dividends at the end of the year and the current NAV is $21.78. What is the adjusted closing price of your purchase? Please show how to solve in excel
- Assume that one year ago you bought 100 shares of a mutual fund for $33.75 per share, you received a $0.47 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $41.55. Calculate the percentage of total return for your $3,375 investment. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Percent of total return %× Last year you bought the Viking Mutual Fund, which has total assets of $240 million, liabilities of $10 million, and 15 million shares outstanding. a) What is the net asset value per share? b) If the current price is $18, is this a good deal? (Yes or No) Round to the nearest cent. DO NOT INCLUDE COMMAS OR $. SubmitFive years ago, you invested in the Future Investco Mutual Fund by purchasing 1,300shares of the fund at the price of $17.05 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,450 shares in this fund for $20.44 per share. If there were a 1% load on this fund, what would your rate of return be?