A year ago, an investor bought 200 shares of a mutual fund at $9.50 per share. Over the past year, the fund has paid dividends of $0.80 per share and had a capital gains distribution of $0.50 per share. Find the investor's holding period return, given that this no-load fund now has a net asset value of $10.70. Select one: O a. 2.63% O b. 2.34% O c. 26.32% O d. 23.36%

A year ago, an investor bought 200 shares of a mutual fund at $9.50 per share. Over the past year, the fund has paid dividends of $0.80 per share and had a capital gains distribution of $0.50 per share. Find the investor's holding period return, given that this no-load fund now has a net asset value of $10.70. Select one: O a. 2.63% O b. 2.34% O c. 26.32% O d. 23.36%

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 8FPE

See similar textbooks

Similar questions

Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table: Which of the two mutual funds performed better over this time period?
Assume 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 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.
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 %
A year ago, an investor bought 100 shares of a mutual fund at $7.50 per share. This year, the fund paid dividends of $0.75 per share capital gains of $0.50 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.20. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.75 per share.
A year ago, an investor bought 600 shares of a mutual fund at $7.64 per share This year, the fund has paid dividends of $0.72 per share and had a capital gains distribution of $0.54 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.23. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.86 per share a. Given that this no-load fund now has a net asset value of $8.23, the investor's holding period return is% (Round to two decimal places)
A year ago, an investor bought 400 shares of a mutual fund at $7.52 per share. This year, the fund has paid dividends of $0.77 per share and had a capital gains distribution of $0.53 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.15. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.82 per share.
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?
A year ago, an investor bought 500 shares of a mutual fund at $7.61 per share. This year, the fund has paid dividends of $0.75 per share and had a capital gains distribution of $0.46 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.29. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.85 per share. Grrr a. Given that this no-load fund now has a net asset value of $8.29, the investor's holding period return is%. (Round to two decimal places.)
A year ago, an investor bought 200 shares of a mutual fund at $7.58 per share. This year, the fund has paid dividends of $0.71 per share and had a capital gains distribution of $0.53 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.19. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.87 per share. a. Given that this no-load fund now has a net asset value of $8.19, the investor's holding period return is 24.41 %. (Round to two decimal places.) b. Assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.87 per share, the holding period return is %. (Round to two decimal places.) Help me solve this View an example Get more help - Clear all Check answer
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))
A mutual fund had an NAV of $26.4000 a year ago. During the year the fund paid dividends of $1.4000 and had a capital gains distribution of $1.2000 per share. Find the HPR with the current NAV at $28.8400? O 14.5% 17.5% 19.1% O 23.6%