Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fundinvestment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were latersold. (Round your return on investment to one decimal place.)Return onOfferTotalNet AssetPer ShareTotal GainSharesProceedsInvestmentPriceCostValueDividends(or Loss)%500$10.60$$12.80$$0.64$%

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

Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were late sold. (Round your return on investment to one decimal place.) Return on Offer Total Net Asset Per Share Total Gain Shares Proceeds Investment Price Cost Value Dividends (or Loss) % 500 $10.60 $12.80 $0.64 2$ %

Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were late sold. (Round your return on investment to one decimal place.) Return on Offer Total Net Asset Per Share Total Gain Shares Proceeds Investment Price Cost Value Dividends (or Loss) % 500 $10.60 $12.80 $0.64 2$ %

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 5LO

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Similar questions

Calculate the total cost in dollar proceeds and dollars total gain or loss in dollars and return on investment for the mutual fund investment. The offer price is the purchase price of the shares and the net asset value is the price at which the shares were later sold. Round your return on investment to one decimal place.?
Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. (Round your return on investment to one decimal place.) Shares OfferPrice TotalCost Net AssetValue Proceeds Per ShareDividends Total Gain(or Loss) Return onInvestment% 500 $10.60 $ $12.80 $ $0.65 $ %
If a mutual fund's net asset value is $23.60 and the fund sells its shares for $25.30, what is the load fee as a percentage of the net asset value?
The net asset value of a mutual fund is calculated as ___ A) the number of shares outstanding B) the value of PPE C) the total market value of all securities held in the fund's portfolio D) the original cost of all securities held in the fund's portfolio divided by ____. A) the number of shares outstanding B) the value of PPE C) the total market value of all securities held in the fund's portfolio D) the original cost of all securities held in the fund's portfolio
Calculate the net asset value and dollars and the number of shares purchased for the mutual fund. Round shares to thousands three decimal places?
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How is the realised percentage return from investing in a share calculated? A. The cash flows received from the share divided by the price paid for the share. B. Dividends received plus the difference between the selling price and the purchase price, divided by the purchase price. C. The price paid for the share divided by the selling price. D. Both (b) and (c)
Find the following for the indicated mutual fund when the given number of shares is bought and sold 1 year later after receiving the distribution shown in the following table. (Round your answers to two decimal places.) Name Shares Bought Shares Sold Distribution NorthCo 100 at $90 100 at $95 $1.45 per share (a) Find the capital appreciation. %(b) Find the yield. %(c) Find the return. %