An investor buys shares in a mutual fund for $21. At the end of the year the fund distributes a dividend of $0.59, and after the distribution the net asset value of a share is $24.78. What is the investor's percentage return on the investment? Round your answer to two decimal places.   %

Q: The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses…

A: The term mutual fund refers to the process of polling of money from different investors, and then…

Q: Lee Ray bought 250 shares of a mutual fund with an NAV of $13.85. This fund also has a load charge…

A: Shares are the units of the capital of a corporation that represents the equity ownership of the…

Q: If a mutual fund's net asset value is $23.90 and the fund sells its shares for $25.50, what is the…

A: Load fee can be computed by taking the variance of selling price and NAV of a mutual fund and then…

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A: The process where a large amount of money is received from various interested investors, Once the…

Q: You purchased 1,000 shares of a mutual fund at an offer price of $13.68 per share. Several months…

A: The percentage return that an investor is earning from a particular investment in a particular time…

Q: Compute the total and annual returns on the following investment. Twenty years after purchasing…

A: Total Return=$11,700-$6,100$6,100×100=$5,600$6,100×100=91.8%

Q: A mutual fund has total assets of $45,000,000 and total liabilities of $4,000,000. There are…

A: Solution:- Net Asset Value (NAV) of mutual fund means per unit net value of each unit. NAV = (Total…

Q: A mutual fund has total assets of $40,000,000 and total liabilities of $3,000,000. There are…

A: Net asset value of the mutual fund = (Total assets - total liabilities) / no. of shares outstanding…

Q: A mutual fund has an offer price of $14.06. If you invested a lump sum of $18,000, how many shares…

A: Offer price is $14.06 Invested lumpsum amount is $18,000 To Find: Number of shares Purchased

Q: A mutual fund has total assets of $50,000,000 and total liabilities of $5,000,000. There are…

A: Here, Total Assets is $50,000,000 Total Liabilities is $5,000,000 Shares Outstanding is 1,900,000…

Q: Find the net asset value of the mutual fund.

A: Net assets value (NAV) is defined as the per-share value of total assets less liabilities. The…

Q: mutual fund has an offer price of $14.06. If you invested a lump sum of $14,000, how many shares did…

A: Offer price = $14.06 Investment = $14000

Q: A mutual fund has an offer price of $14.04. If you invested a lump sum of $14,000, how many shares…

A: In this question we need to calculate the number of shares purchased.

Q: An investor purchases a mutual fund for $60. The fund pays dividends of $1.20, distributes a capital…

A: A mutual fund is a company that pools money from many investors and invests the money in securities.

Q: If a mutual fund's net asset value is $24.00 and the fund sells its shares for $25.20, what is the…

A: load fee as a percentage of net asset value =( (sale value of share - net asset value)/ net asset…

Q: You purchase a mutual fund at an offer price of $11.77 per share. If the net asset value is $11.28,…

A: Mutual fund is the fund that includes small amounts from a large number of investors, which is then…

Q: over a four-year period, matt purchased shares in the barreau du quebec canadian equity fund. using…

A: Given information: Year Amount Invested in mutual funds Price per share 2004  $…

Q: Lee Ray bought 250 shares of a mutual fund with a NAV of $13.85. This fund also has a load charge of…

A: Load fee is the fee which is charged by a mutual fund from the investor. A load can be charge at the…

Q: If an investor buys shares in a no-load mutual fund for $33 and after eight years the shares…

A: Mutual funds refer to one type of financial vehicle that pools money from many investors and invests…

Q: Last year, Melissa purchased a closed-end mutual fund that was trading at $33 and had a NAV of $30.…

A: The holding period of return is calculated with the help of following formula  Holding Period Return…

Q: You purchase a mutual fund at an offer price of $15.79 per share. If the net asset value is $15.28,…

A: Sales change percentage = 3.23 %

Q: Twelve months ago, you purchased the shares of a no-load mutual fund for $22.05 per share. The fund…

A: If the sum of value increased plus gain plus cash dividend is divided by the purchase value, here…

Q: Suppose that, as a fund manager, you purchase 5,000 shares of Company X on 1 January 2019 for $10…

A: The available-for-sale investments were made by the corporation with a prescribed motive to trade…

Q: Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock…

A: Given information: Stock Shares Price Market Value W 1,000 $12 $12,000 X…

Q: Lee Ray bought 210 shares of a mutual fund with a NAV of $12.85. This fund also has a load charge of…

A: a)  Computation:

Q: David Nash has $100,000 to invest in a mutual fund.a. How many shares can he purchase in a no-load…

A: Mutual fund companies collect funds from investors and create a fund pool which invests in…

Q: 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: The organization's net assets after reducing total liabilities from total assets are known as net…

Q: You purchased 1,000 shares of a mutual fund at an offer price of $13.88 per share. Several months…

A: The question is based on the concept of Holding period Return.

Q: You purchased 5,000 shares of a mutual fund at a price of $7.50 per share.  You later sell those…

A: Return on investment = (sale price - purchase price + dividend)/purchase price

Q: compound

A: Formula to calculate percentage return: Rate of return = P1 - P0/P0 Rate of return using time value…

Q: If an investor buys shares in a no-load mutual fund for $40 and after eight years the shares…

A: The application of interest to a principal balance of a debt is known as compound interest.

Q: What is the total percent return on the beginning net asset value?

A: The stock return is the change in the price of an investment. It includes the payment of dividend…

Q: The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses…

A: The question is based on the concept of business finance

Q: Find the following for the indicated mutual fund when the given number of shares is bought and sold…

A: Return refers to the ratio of total return and shares purchase price. Total return refers to the…

Q: A mutual fund has an offer price of $14.02. If you invested a lump sum of $16,000, how many shares…

A: Mutual fund is kind of scheme or service through which many investors can invest their amount in…

Q: You purchased 1,000 shares of a mutual fund at an offer price of $13.48 per share. Several months…

A: please see the next step for the solution

Q: If you place an order to buy or sell a share of an open-ended mutual fund during the trading day,…

A: Open ended mutual funds are those which can be issued and redeem any time.

Q: You purchased 1,000 shares of a mutual fund at an offer price of $13.88 per share. Several months…

A: Return on Investment (ROI):-It is the ratio that is calculated by dividing profit earned on an…

Q: You purchased 1,000 shares of a fund at a price of $20 per share at the beginning of the year. The…

A: Mutual funds are a kind of investment vehicle that are professionally managed by the fund managers…

Q: An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital…

A: The net rate of return is the total income earned from an investment after costs such as taxes,…

Q: Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on…

A: The total cost refers to the price at which the investment is available to the traders. Proceeds…

Q: You purchased 1,000 shares of a mutual fund at an offer price of $13.88 per share. Several months…

A: Given: Purchase price = $13.88 Selling price = $14.62 Dividend = $0.63

Q: Find the following for the indicated mutual fund when the given number of shares is bought and sold…

A: With the investment into certain securities, it is expected that the value over the period of time…

Q: An investor buys shares in a mutual fund for $22. At the end of the year the fund distributes a…

A: Buying price =22  Dividend =0.57 Later price of shares =24.04

Q: A mutual fund has 150 shares of Apple Computer trading at $170 per share, 100 shares of Tesla…

A: Under stock market, there are numerous types of investment one can have. These investments can be…

Q: Twelve months ago, you purchased the shares of a no-load mutual fund for $22.35 per share. The fund…

A: Given in the question, The purchase price of the share =  $22.35 per share  Cash dividends = $0.70…

Q: Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on…

A: Investors invest in mutual funds to earn a return on the investments. It is good for investors who…

Q: An investor buys shares in a mutual fund for $20. At the end of the year the fund distributes a…

A: Buying Price = $20 Dividend =$0.67 Closing NAV =$24.57