Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Vijay shiyal 

A year ago, an investor bought 500 shares of a mutual fund at $7.56 per share. This year, the fund has paid dividends
of $0.75 per share and had a capital gains distribution of $0.45 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.
...
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.)
%.
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Transcribed Image Text:A year ago, an investor bought 500 shares of a mutual fund at $7.56 per share. This year, the fund has paid dividends of $0.75 per share and had a capital gains distribution of $0.45 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. ... 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.) %.
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