You purchase 100 shares of a no-load mutual fund for $100 per share and sold the shares for $120 per share after a year. Please explain to your classmates how you would calculate the percentage return on your investment?
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You purchase 100 shares of a no-load mutual fund for $100 per share and sold the shares for $120 per share after a year. Please explain to your classmates how you would calculate the percentage return on your investment?
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- 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?An investor buys shares in a mutual fund for $22. At the end of the year the fund distributes a dividend of $0.57, and after the distribution the net asset value of a share is $24.04. What is the investor's percentage return on the investment? Round your answer to two decimal places.Assume that your uncle gave you $50,000 to invest solely in mutual funds. Based on your point in the life cycle and your investment philosophy, identify your investment goals and explain how you would spread your money among different funds. Include the funds you would invest in, the amounts you would invest and explain why you selected these funds.
- Suppose that at the beginning of Year 1 you 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 below. Year Stivers Trippi Year 1 $11,000 $5,600 Year 2 $12,000 $6,400 Year 3 $12,700 $7,000 Year 4 $13,800 $7,600 Year 5 $15,000 $8,600 Year 6 $16,000 $9,300 Year 7 $17,200 $9,900 Year 8 $18,500 $10,700 Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Stivers Trippi Mean annual return (to 3 decimals) Which mutual fund performed better? Select your answer -An investor buys Go-Go Mutual Fund on January 1 at a net asset value of GHS21.20. At the end of the year, the price is GHS25.40. Also, the investor receives GHS0.50 in dividends and GHS0.35 in capital gains distributions. What is the total percent return on the beginning net asset value?Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Which mutual fund performed better? Please show steps in Excel Year Stivers Trippi 1 11,000 5,600 2 12,000 6,300 3 13,000 6,900 4 14,000 7,600 5 15,000 8,500 6 16,000 9,200 7 17,000 9,900 8 18,000 10,600
- Upon starting you new job after graduation, you’ve been confronted with selecting investment for your 401K retirement plan. You have four choices for investing your money: • A money market fund which has historically returned about 5% per year. • A long-term bond which has earned an average annual rate of return of 8% • A conservative common stock fund which has earned 10% per year. • An aggressive common stock fund which has historically earned 14% per year. a. If you were to contribute $3,600 per year (at the end of each year) for the next 35 years, how much would you accumulate in each of the above funds? (Use FV function) b. Recalculate part a in a separate excel worksheet (same excel file), but now change your worksheet appropriately so that it allows for non-annual investments (monthly, weekly, quarterly etc.). The annual investment is still $3,600. For example, when you invest quarterly, you invest $900 (=$3,600/4) four times a year. What is the FV in each fund? c. In the…You purchase a mutual fund for $17.23 The fund's NAV is $17.00 (the load fee was .23 cents). The NAV subsequently rises to $22.00, and you redeem the shares. What is the percentage return on your investmentYou purchased 5,000 shares of a mutual fund at a price of $7.50 per share. You later sell those shares for $8.35 per share. During the time you owned the shares, the fund paid a dividend of $0.41 pershare. Determine your investment return on the fund? Round answer to nearest tenth of a percent.
- Please provide detailed explanation: #5 Sarah Mix decides to invest $500 per month in three funds, with $200 going into a small capital growth fund, and $150 going into a large capital growth fund, and $150 into an international fund. She tracked the price she paid for stock in these funds over a 6-month period, as shown in the attached image of Table 3. What is the average price paid per share in each mutual fund? How much has Sarah invested in mutual funds? What is the current value of her investment? Which fund is currently performing best for Sarah?Your grandparents just gave you P300,000 to help pay for your Accountancy Board Exams. You will graduate from college in 3 years. What type of mutual fund should you invest in? Support your answer.Your grandfather urged you to begin a habit of saving money early in your life. He suggestedthat you put $5 a day into an envelope. If you follow his advice, at the end of the year youwill have $1,825 (365 3 $5). Your grandfather further suggested that you take that moneyat the end of the year and invest it in an online brokerage mutual fund account that has anannual expected return of 8%.You are 18 years old. If you start following your grandfather’s advice today, and continuesaving in this way the rest of your life, how much do you expect to have in the brokerageaccount when you are 65 years old?
